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India-US ties “ is a natural global partnership”, says PM Modi
New Delhi: As several significant issues discussed between Prime Minister Narendra Modi and US President Barack Obama today, a joint press conference at Hyderabad House delivered a complete scenario of talks between India and United States.
After the India-US delegation-level meeting came to an end, in a joint press conference today, Prime Minister Narendra Modi started his peech by delivering thanks to US President Barack Obama and Mitchelle Obama for accepting the invitation of India by managing their busy schedules.
Modi said that the ties between the two countries “ is a natural global partnership”.
“It has become more relevant in the digital age.”
“The success of this partnership is important for our progress and important for advancing peace, stability and prosperity around the world,” he added.
He added that India will continue its dialogue on bilateral investment treaty with the US as the economic growth in both countries is becoming stronger.
“Six year after the bilateral agreement, we are now moving towards commercial cooperation…” he said.
Modi also said that I see new excitement and confidence, renewed energy in India-US relationship.
The civil nuclear deal was the core discussion of Indo-US understanding, says Modi .
India has dealt commercial cooperation on civil nuclear trade with the United States, six years after the two sides signed a landmark civilian nuclear deal in 2008.
Speaking over the discussion on terrorism, Modi also said that Terrorism remains a principal global threat.
He said that we agreed that we need a comprehensive global strategy to combat it.
He added that every country must fulfill its commitment to eliminate terrorism.
Commencing the speech by saying ‘Namaste’, US President Barack Obama thanked Narendra Modi for inviting him to India to deepen the relationships between the two countries.
Obama said that both the countries have decided moving towards full execution of the civil nuclear energy deal.
“Civil nuclear cooperation is a step to elevate our relationship,” said Obama.
He also said that we support a reformed UN Security Council that includes India as a permanent member
He also added that we have also agreed to a new vision for the Asia-Pacific region.
From 100 billion dollars, we want to trade more, he added.
US President also said that he is eager to interact with India citizens through radio.
We are also launching a new joint programme to improve air quality in Indian cities, says Obama.
Obama also thanked PM for his continued efforts to stop Iran from acquiring nuclear weapon.
He also added that I would like to say, “Chalein saath saath.”
The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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