Trade Truths

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Trade Truths
  • Trade is worth Rs 50,000 crore

  • According to the CAG, the scam involving fictitious prize-winners, selling of excess tickets, under-reporting of profits runs into some thousand crores

  • Most of the unregulated business runs out of six northeastern states

  • Supposed to be state-run but has been handed over to private players

  • 60-70 draws a day when the law allows only one a week

  • Even in states where lotteries are banned, you can buy tickets on the Net

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