We cheer for IPL sixes, but who’s cheering for science? IITian gives a 'big, Indian' reality check as RCB victory euphoria erupts

  • Posted on June 4, 2025
  • By Business News Today
  • 4 Views
We cheer for IPL sixes, but who’s cheering for science? IITian gives a 'big, Indian' reality check as RCB victory euphoria erupts

Indias IPL has generated over ₹15,000 crore in profits in three years, yet the BCCI pays no income tax due to its charitable status. Experts from IISc argue that taxing these profits could fund ten new IITs and inject nearly ₹6,000 crore annually into scientific research. Currently, India spends less than 1% of its GDP on R&D, lagging far behind global peers. The debate calls for balancing tax breaks on entertainment with urgent investment in Indias future science and innovation.
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