Why India needs a central regulatory framework for online gaming?

In September, the I-T department issued show cause notices to seven online gaming firms and about three dozen high-value players for a possible evasion of Rs 28,000 crore

To bring about uniformity in the online gaming industry, the central government is exploring the need for a central regulatory framework. The policymakers have begun consultations and discussions for such a framework, a report by Economic Times (ET) said. 

The regulator will have power to block unregistered gaming platforms. The operators will reportedly be asked to get the know-your customer (KYC) verification done to protect minor players.

Why India needs an online gaming regulatory framework?

A recent report by KPMG showed the presence of over 400 online gaming companies in India. 

Of late, several cases of tax evasion by these