Feature
Congress open-minded on GST bill
New Delhi: The Congress on Wednesday said it was open to discussions with the government on the Goods and Services Tax (GST) bill that parliament needs to pass.
“We are open-minded on the issue,” Congress leader Ghulam Nabi Azad said on the sidelines of a press briefing.
He was asked if the Congress would be remain rigid on its opposition to certain aspects of the proposed legislation.
Asked if Finance Minister Arun Jaitley had already rejected the concerns raised by the opposition on the GST bill, Azad said: “I raised this issue with the minister at the all-party meeting.
“Two newspapers reported differently on his statement on GST bill. One said it would reach out to the opposition and the other said he had said that the suggestions given by the opposition were preposterous.
“When I asked him which statement of his was correct, he assured me there will be a discussion on the bill,” Azad said.
“For us, each bill or legislation is important. With regard to GST, we have made it clear that the GST was our bill and it was drafted by the Congress. We are ready for discussion. We have genuine concerns and that should be taken on board.
“Our stand on the GST bill is that it should be pro-industry, pro-trade and pro-consumer. It should help all the three sections.
“That’s why we are pressing for a cap of 18 percent tax. In other countries, it is 14 percent. But keeping in mind the resource mobilization in our country, we said it should be 18 percent.
“That’s why we said that there should be amendment in the bill. We cannot afford to burden the people with more than 18 percent GST,” he added.
The Congress said there will be discussions on other issues as well during the winter session of parliament.
“There will be discussions on intolerance, price rise, farmers’ plight, flood situation, all the recent incidents of communal disharmony in the country, draught.
“We will also discuss issues of women safety, Prevention of Corruption Act, child labour, and extradition of Lalit Modi,” said Azad.
“The opposition will be cooperating with the government but it is for the government to accommodate the viewpoints of the opposition.
“It is for the government to decide whether they are interested in running the government or not,” added Azad.
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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