{"id":5751,"date":"2007-03-31T16:22:00","date_gmt":"2007-03-31T10:52:00","guid":{"rendered":"https:\/\/www.indiauncut.com\/?p=679"},"modified":"2007-03-31T16:22:00","modified_gmt":"2007-03-31T10:52:00","slug":"three-percent-of-gdp","status":"publish","type":"post","link":"https:\/\/indiauncut.com\/three-percent-of-gdp\/","title":{"rendered":"Three percent of GDP"},"content":{"rendered":"<p>After reading my piece, &#8220;<a href=\"\/dont-punish-victimless-crimes\/\" title=\"Don't Punish Victimless Crimes -- Thinking It Through\">Don&#8217;t Punish Victimless Crimes<\/a>,&#8221; and <a href=\"\/betting-and-match-fixing\/\" title=\"Betting and match-fixing\">the follow-up post<\/a> to it, my friend <a href=\"http:\/\/devangshu.blogspot.com\/\" title=\"Devangshu Datta\">Devangshu Datta<\/a> was kind enough to send me an old article of his on legalising betting. It&#8217;s a wonderful piece, and was first published in <i>Business Standard<\/i>, though they don&#8217;t have it online anywhere. With Devangshu&#8217;s permission, I&#8217;m reproducing some paras below the fold. Note that it was written in January 2001, but though the absolute numbers would have changed, the arguments and the macro percentages probably remain valid:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After reading my piece, &#8220;Don&#8217;t Punish Victimless Crimes,&#8221; and the follow-up post to it, my friend Devangshu Datta was kind enough to send me an old article of his on &#8230; <a title=\"Three percent of GDP\" class=\"read-more\" href=\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\" aria-label=\"More on Three percent of GDP\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,9,3,10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Three percent of GDP - India Uncut<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three percent of GDP - India Uncut\" \/>\n<meta property=\"og:description\" content=\"After reading my piece, &#8220;Don&#8217;t Punish Victimless Crimes,&#8221; and the follow-up post to it, my friend Devangshu Datta was kind enough to send me an old article of his on ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\" \/>\n<meta property=\"og:site_name\" content=\"India Uncut\" \/>\n<meta property=\"article:published_time\" content=\"2007-03-31T10:52:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/indiauncut.com\/wp-content\/uploads\/2019\/09\/iu-placeholder4.png\" \/>\n\t<meta property=\"og:image:width\" content=\"822\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Amit Varma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amit Varma\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\"},\"author\":{\"name\":\"Amit Varma\",\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/890a3d673b0c90c97d76c45a1754ac3c\"},\"headline\":\"Three percent of GDP\",\"datePublished\":\"2007-03-31T10:52:00+00:00\",\"dateModified\":\"2007-03-31T10:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\"},\"wordCount\":93,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/890a3d673b0c90c97d76c45a1754ac3c\"},\"articleSection\":[\"Economics\",\"Freedom\",\"India\",\"Sport\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\",\"url\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\",\"name\":\"Three percent of GDP - India Uncut\",\"isPartOf\":{\"@id\":\"https:\/\/indiauncut.com\/#website\"},\"datePublished\":\"2007-03-31T10:52:00+00:00\",\"dateModified\":\"2007-03-31T10:52:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/indiauncut.com\/three-percent-of-gdp\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/indiauncut.com\/three-percent-of-gdp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/indiauncut.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Three percent of GDP\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/indiauncut.com\/#website\",\"url\":\"https:\/\/indiauncut.com\/\",\"name\":\"India Uncut\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/890a3d673b0c90c97d76c45a1754ac3c\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/indiauncut.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/890a3d673b0c90c97d76c45a1754ac3c\",\"name\":\"Amit Varma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/indiauncut.com\/wp-content\/uploads\/2019\/05\/amitvarma-bio.jpg\",\"contentUrl\":\"https:\/\/indiauncut.com\/wp-content\/uploads\/2019\/05\/amitvarma-bio.jpg\",\"width\":200,\"height\":200,\"caption\":\"Amit Varma\"},\"logo\":{\"@id\":\"https:\/\/indiauncut.com\/#\/schema\/person\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Three percent of GDP - India Uncut","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/indiauncut.com\/three-percent-of-gdp\/","og_locale":"en_GB","og_type":"article","og_title":"Three percent of GDP - India Uncut","og_description":"After reading my piece, &#8220;Don&#8217;t Punish Victimless Crimes,&#8221; and the follow-up post to it, my friend Devangshu Datta was kind enough to send me an old article of his on ... 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