The recent surge in esports popularity has led to increased scrutiny of funding models. Governments are now exploring subsidies and incentives to support local teams. India’s state budgets have allocated significant funds for esports infrastructure development. The move is expected to boost the industry, with some estimates suggesting a 20% growth in the next year.
However, critics argue that the fiscal deficit could be a major concern. As the esports industry continues to grow, it is essential to strike a balance between funding and fiscal responsibility. With the Union Budget allocating a substantial amount for sports development, it remains to be seen how esports will benefit. The current taxation system also needs to be revised to support the industry.
Only time will tell if the funding models will pay off.