Feature

Modi, Sharif hold informal talks at Saarc retreat

Published

10 years ago

November 27, 2014

Kathmandu: In a significant development, Indian Prime Minister Narendra Modi and his Pakistani counterpart Nawaz Sharif held informal talks during the 18th Saarc Summit retreat Thursday afternoon.

Both sides maintained silence over the talks and did not divulge any details after the informal meeting.

The effect of the informal talks between Modi and Sharif was immediately reflected in the proposed agreements. The heads of state and government have agreed to sign the Saarc Framework Agreement on Energy Cooperation now and decided to sign two other agreements — relating to movement of motor vehicles and railways — within three months in a big face-saver for 18th Saarc Summit host Nepal in particular and the region as a whole.

Dinesh Bhattarai, foreign relations advisor to Nepalese Prime Minister Sushil Koirala, who was present at the retreat, confirmed to IANS that both the leaders held informal talks after meeting each other along with other heads of the state and government.

Prime Minster Koirala pushed the leaders of the two South Asian neighbours to sit for talks, at least informally now, and break the logjam in the bilateral India-Pakistan relations.

When the two leaders were talking, other heads of state and government were also there. The retreat is an informal gathering in Saarc summits, and is referred to as “beauty time”.

In his personal talks with Modi, Koirala asked the Indian prime minister to reach out to Pakistan given its stature as Saarc leader, and its size, population and economy.

Though Modi and Sharif shook hands and talked briefly Wednesday, they had not interacted with each other at length. It was still not clear whether the two sides would hold delegation-level talks after the retreat got over Thursday afternoon.

The Saarc leaders, including Modi, Sharif and Koirala, cracked jokes, planted trees and shared personal trivia with each other.

After the retreat, the leaders have agreed to sign the Saarc Framework Agreement on Energy Cooperation which will be announced in the Kathmandu Declaration later Thursday.

Because of the deadlock between India and Pakistan, the fate of three proposed agreements — related to motor vehicles, railways and energy and all pushed by New Delhi — was uncertain until Thursday.

After the retreat and unofficial talks among the leaders, the Saarc leaders have agreed to sign the energy deal now and agreed to complete the other two agreements within three months, Bhattarai said.

Located in the neighbourhood of Kathmandu Valley, the Shangrila Resort in Dhulikhel is famous for its scenic beauty.

“While watching the Himalayas and taking herbal and organic food, Modi and Sharif were seen more open and close,” a diplomat said. “The focus was on how to carry on the Saarc process and how to strengthen bilateral ties.”

The 33 food items served to the leaders were totally vegetarian. Gujarati basundi with jalebi was served to Modi as dessert.

Entertainment

Meghalaya Reserves Legalized Gambling and Sports Betting for Tourists

Published

2 years ago

June 25, 2022

admink

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.