#AnEyeOpener
*CAN WE BUILD NEW IITs BY JUST WATCHING IPL?
It comes from Prof. Mayank Shrivastava,Professor at IISc Bengaluru, one of India’s leading researchers.
He asks: "India doesn’t lack money. Indians don’t lack money. What we lack is the vision to invest in the future."
Look at the numbers:
📌 IPL 2023 revenue: ₹11,770 crore
📌 BCCI surplus: ₹5,120 crore
📌 3-year IPL profits: ₹15,000 crore
📌 Potential tax (40%): Enough to build 10 new IITs
📌 Franchise profits: ₹800–1,200 crore/year →
Tax potential:₹6,000 crore/year for research
But here’s the irony:
⚠️ BCCI pays no income tax (charitable status)
⚠️ Research labs pay GST on equipment
⚠️ Bollywood, religious trusts, sports leagues = tax breaks
Dr. Shrivastava calls it out: “Entertainment is subsidised. Research is taxed.”
Now the real question:
👉 Why does a cricket board enjoy tax exemption while research institutions struggle for funding?
👉 Why are we taxing microscopes but not match tickets?
👉 If India truly dreams of becoming a tech powerhouse, is this where our money should go?
We cheer for sixes, but who’s cheering for science?
Repost if you think it’s high time India fixed its priorities. *Today’s Food for Thought*
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