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Online Gaming Act exempts social games from mandatory registration to aid startups, says MeitY Secretary
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Companies not offering real-money games can operate without registration under the new law
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Authorities retain the power to classify and intervene in online gaming as necessary
The recently-enacted Online Gaming Act, apart from debarring real-money games, promotes ease of doing business as companies offering social games are not required to mandatorily register, said S Krishnan, the secretary of the Ministry of Electronics and Information.
The MeitY secretary, in an interview with NDTV Profit on Friday, explained that if any new startup or company is certain that it is not offering real-money online game, then it can operate without registration.
This, according to him ,will help the online gaming industry to flourish and offer an ease for upcoming startups. At the same time, authorities retain powers to classify and intervene where necessary, Krishnan added.
When asked about the possibility of reducing or softening the punishments in the law, Krishnan said the main provisions are well-considered and no representations have been received seeking softer penalties.
Will Regulate AI Only When Necessary
While talking about the recent trending topic of AI, Krishan said the government will legislate and regulate the space involving the rapidly emerging technology of artificial intelligence "only when necessary".
A legislation or regulation at this stage may be premature, when it comes to artificial intelligence, Krishnan said, as he seemingly pointed towards the constant developments globally related to the technology.
Krishnan has also clarified that India’s approach to AI governance will be pragmatic and gradual, focusing on promotion rather than premature regulation.
Discussing how the existing laws come into play, Krishnan said, “If existing laws can address an issue, we will rely on them." he explained. However, if there is a need for clarity, the government will provide it.
According to Krishnan the government's objective is to encourage AI development while ensuring safeguards where required.
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