DPIIT floats note to seek distinction between online game of skill, chance
The department for promotion of industry and internal trade (DPIIT) has circulated a note seeking views of different ministries on distinguishing between online 'Game of Skill' and 'Game of Chance' for the purpose of FDI, a senior official said.
The official said that a clear distinction between the two is necessary to seek foreign investments as online game of skill has huge potential.
In his address during the 78th Independence Day celebrations here, Prime Minister Narendra Modi called upon Indian professionals to lead the global gaming market and help establish the country as a global leader in the industry.
He had emphasised the need for Indian talent to dominate not just in gaming but in game production as well by leveraging the country's rich cultural heritage.
"A concept note was circulated for inter-ministerial discussions to distinguish between the two for the purpose of FDI (foreign direct investment). We need to see how in online gaming, we can make distinction between .