Dr N Vijayaditya at the Harmonising ESG, CSR, CDR and SDGs, an India 2047 - Centre of Excellence Workshop

Dr N Vijayaditya

Dr N Vijayaditya

Former Director General, NIC

  • Regulating activities like gaming and betting, which people are inherently drawn to, may be challenging. He argues that these activities are deeply ingrained in culture and cannot be easily changed.
  • Instead of trying to eliminate these practices, efforts should focus on creating systems to regulate them effectively.
  • Acknowledges the growing influence of technology, particularly with AI and talks about regulatory frameworks that must adapt accordingly.
  • Frameworks should be flexible enough to accommodate gaming landscape changes while providing oversight and control.
Adaptive Regulatory Frameworks

Adaptive Regulatory Frameworks

  • Develop regulatory frameworks that are flexible and adaptable to the rapidly changing landscape of gaming and betting.
  • This includes incorporating emerging technologies like AI and constantly updating regulations to address new challenges and opportunities.
  • Instead of attempting to eradicate these practices, the focus should be on creating regulatory structures that respect cultural norms while ensuring responsible participation.
Creation of Regulatory Indices

Creation of Regulatory Indices

  • Establish comprehensive indexes and structures to assess and regulate gaming and betting activities.
  • These indices should consider societal impact, consumer protection and responsible gaming practices.
  • Foster collaboration between regulatory bodies, industry stakeholders and community organisations to develop effective regulatory strategies.
  • Engage in dialogue with gaming and betting operators to promote compliance with regulations and best practices.
International Best Practices

International Best Practices

  • Learn from international best practices in gaming regulation and adapt relevant strategies to the Indian context.
  • This could involve studying regulatory approaches in other countries and identifying successful strategies that can be implemented in India.
  • Strike a balance between regulation and individual freedom, recognising that complete prohibition may not be feasible or practical.
  • Instead, focus on harm reduction strategies that mitigate risks while allowing for responsible participation in gaming and betting activities.
Participants at the Workshop Harmonising ESG, CSR, CDR and SDGs

Participants at the Workshop Harmonising ESG, CSR, CDR and SDGs