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Podcast: Moneylife News Bites
Episode: Gaming vs Trading: Double Standards?
Description: India’s government rushed through a ban on online gaming, citing addiction, suicides, and financial losses of ₹15,000 crore a year. But what about lotteries, stock market speculation, or predatory digital lending—each causing far bigger losses and distress?In this audio, Sucheta Dalal examines the uneven crackdown on risky behaviour:- Online gaming banned overnight- Lotteries continue under state patronage- Derivatives trading thrives despite ₹1 lakh+ crore losses a year- Easy digital loans push people into debt trapsWhy are some forms of “gambling”...