People Lost ₹20,000 Crore Through Online Money Gaming: Vaishnaw
In a recent development, the Rajya Sabha has passed the Promotion and Regulation of Online Gaming Bill, 2025, which aims to ban real-money online games in the country. The Bill has been introduced to address the growing concern over the negative impact of online money gaming on individuals and society. Union Minister Ashwini Vaishnaw, while speaking on the Bill, highlighted the alarming statistics of the online gaming industry, stating that a staggering 45 crore people in India have lost an amount of over ₹20,000 crore on online money gaming.
Vaishnaw’s remarks have sent shockwaves across the nation, with many calling for immediate action to regulate and ban online money gaming. The Union Minister’s warning that online money gaming is a menace akin to drugs is particularly stark, given the devastating consequences of addiction that have already claimed several lives.
The statistics provided by Vaishnaw are indeed alarming. With over 45 crore people in India having lost a collective amount of ₹20,000 crore, it is clear that online money gaming has become a serious problem that requires immediate attention. The amount lost is equivalent to the annual budget of several states in India, highlighting the scale of the issue.
The Bill passed by the Rajya Sabha is a significant step towards regulating the online gaming industry, which has grown exponentially in recent years. The growth of online gaming has been fueled by the increasing popularity of smartphones and the internet, with millions of Indians now engaged in online gaming activities. While online gaming has the potential to be a fun and engaging activity, the proliferation of real-money online games has created a new breed of gamblers who are willing to risk their hard-earned money for the thrill of winning.
The consequences of online money gaming addiction are far-reaching and devastating. Individuals who become addicted to online money gaming often sacrifice their relationships, work, and overall well-being in pursuit of winning. The financial losses incurred by these individuals can be catastrophic, leading to a life of debt and financial uncertainty.
Moreover, online money gaming addiction has also been linked to mental health issues such as depression, anxiety, and suicidal tendencies. The psychological impact of addiction can be severe, leading to a breakdown in personal relationships and overall well-being. The warning signs of online money gaming addiction are clear, including increased isolation, irritability, and a loss of interest in activities that were once enjoyed.
Vaishnaw’s comparison of online money gaming to drugs is apt, given the addictive nature of both substances. Both online money gaming and drugs have the potential to alter the brain’s chemistry, leading to a cycle of addiction that is difficult to break. The warning signs of addiction are clear, and it is imperative that individuals recognize the risks associated with online money gaming and take steps to prevent addiction.
The Rajya Sabha’s decision to pass the Promotion and Regulation of Online Gaming Bill, 2025, is a welcome step towards addressing the growing concern over online money gaming. The Bill aims to regulate the online gaming industry, ensuring that games are safe and fair for all players. The Bill also provides for penalties for those who violate the rules and regulations, including fines and imprisonment.
In conclusion, the statistics provided by Vaishnaw are a stark reminder of the devastating consequences of online money gaming addiction. The Rajya Sabha’s decision to pass the Promotion and Regulation of Online Gaming Bill, 2025, is a significant step towards regulating the online gaming industry and preventing the loss of thousands of crores of rupees. It is imperative that individuals recognize the risks associated with online money gaming and take steps to prevent addiction.
Source:
https://youtu.be/pXXCF7ocNcU
