IPL's Contribution to the Indian Economy: Explained

 Only the cricketer, or team owners  or advertisers are  earning from IPL or the whole ecosystem is earning. The economy of any country runs a lot during the festive season. Runs on Christmas in America In India it runs on Diwali and marriage season  Cricket is like a religion in the country  And IPL is its Festival  and it lasts 60 days So it's only natural to celebrate it with enthusiasm    IPL is one of the most watched sports in the world  and in terms of cricket, brother, it is number one,  it has a total of more than 100 crore fans, of which 90 crore are from India only. 



The value of IPL is 10.9 billion dollars, which makes   It the second most important league in the world, after the National Football League,  whether it is basketball or the English Premier League,  it has left everyone behind. If we consider the success of IPL, when it was launched in 2008,   Now the new team which has been sold last year, only one team has been sold for 7000 crores. the average IPL team value has increased more than 17 times in the last 15 years,  so it is a money mine for the team owner. We will see How is it contributing to the economy. 

According to KPMG's survey within just 60 days of the tournament, 1150 crores are directly spent on the ground, let's see what is the contribution of IPL to the Indian economy. I told that brother, when there is a festival season, then in India, a person goes out for shopping, goes to restaurants more, does more shopping and IPL is a festival, so during this time there is a big jump in the overall GDP of the country in different sectors A report of peace and development on those general assembly    says that 3. 2 billion dollar indirect trade is done through IPL  Second thing, it boosts tourism total about 4 foreign players can play in each team 10 teams  If there are around 40 foreign players almost have to play  but see how much foreign crowd comes to see them.  

According to Cox & King , the travel booking during IPL increases by 30%, India ranks 11th in the Asia Pacific region. And it is the 34th most attracted tourist destination in the world. The third point is the impact of this tourism.  All the tourists who come from outside on the hotel and restaurant business will stay in the hotel The economy will increase and the Hotel food and drink will also increase There is also a domestic crowd in the evening brother,  we think we will stay with friends on Sunday, go out to eat some money, and there brother will watch IPL You know the restaurants remain full before going to the next point, one important thing brother, Jab Tours and Travels People are also earning, restaurant people are also earning, there is contribution in GDP too, so how will we earn this,  let me give you a tip, you also earn.  In today's date, every person is eager to go to the share market. 

Some say that I will earn by doing daily trading and sell it in the morning and evening,  some say that I will get hold of good stocks, I will go ahead and earn. Every man wants to earn but by chance  ok sister said brother said he said I have read in my mobile, I have read through WhatsApp, I invest in such a way that it invests in air and if it is not invested, it is a waste of money,  so how will money come from brother, the world earns from the stock market,  how will we earn, this world keeps knowledge in the stock market. 

So  If there is Saraswati then Lakshmi comes. then first if you want to go to the market, then either you  yourself take the knowledge or else if the knowledge does not increase, then ask the person who has knowledge and the one who has knowledge will not tell brother. Told everyone will tell and will not even take money, we will tell for free, we are talking about Motilal Oswal, who has been working in this industry for more than 30 years and is a SEBI registered advisor, he has already given his services to more than 50,000 investors. 

Now how do they work, they will allot you an expert who will talk to you, understand your investment, understand your goal, understand your risk and accordingly help you make the best portfolio, now what to do for that brother, open demat account Even if the account is not opened, go to Motilal Oswal, they will open a demat account as well, what will be the charges for opening the account, free for the first year, free for the second year you will be charged, but yes, every transaction you do will cost ₹ 20 per lot. So what is needed to open a demat account?  pan card, aadhar card and bank details ,  there head work will be done and still have any problem, then motilal oswal's app is up, download it, there will be help and also tip on daily basis. 

You will continue to get it, you can also take a decision, like now you will open an account, you will get a welcome basket, which has tools from all over the world, apart from that, you will also get the details of how brokerage reversal happens You will get all the details and on that basis, if you want to invest. It is good that our advice is good. My gold is fine, I want to invest, so you can invest if you want, that too through Motilal Oswal's app, a link has been given in the description to download this up, click this link too. Download and start the journey of becoming a smart investor. 

Now coming to our topic. the fourth thing which is raised during this time is sport related activity. All the academies which play cricket start increasing the admissions.  Bat sales are very high. It happens that the sale of your sports equipment is very high, T-shirts are sold very much, overall jump in consumption items like brother, during IPL, you see at least more than 500 companies are doing their ads when more than 40 50 crore people watching tv and brother ad is coming on tv then all these company will be there coco cold is sold more man eats more chips man play game more and everything every activity every kind of consumption reaches to next level And the whole ecosystem is benefited, TV sales increase, DTH sales increase, Internet connection sales increase, this generates a lot of employment, all the things I told you will be employed, brother, if the hotel business runs, then in that Employees will also be employed, restaurant business will run, then there will also be employment if so many companies are giving advertisements and their sales are increased by them, then they will have to employ staff in marketing, they will have to increase staff in sales, they will have to increase staff in operation, matches are held in so many stadiums. 

So the ground staff is definitely needed for the stadium, they are playing 10-10 times, they are going to different places, they need support staff, the parking person outside the stadium also earns, the Bhel seller also earns, the Golgappa seller also earns one. Every person earns, now coming to the second last point, since IPL has come, since cricket has been on boom new stadiums have been built, stadiums are built at the cost of crores, so there is employment in the construction and maintenance. 

Employment is available and when such a large number of people come from outside, India's reputation improves, like FIFA happened in Qatar on the time of Qatar, it has come on the whole world map, what is Qatar, then because of IPL it has spread all over the world. India is covered and the positive image of India has come out  and last but not the list, the real earning is what the government does, the government says, brother, whatever I do, I will pay all the taxes, as BCCI is the first, you know that you are an NGO . 

Yes, BCCI says that we no earn   profit, we promote cricket in the country, where did  we but when IPL came, the government said, brother, it is printing big money, we also need money, so since IPL has come, BCCI tax It has started paying tax of 350 crores on and average every year, so far in all the total seasons, BCCI has given tax of more than ₹ 3500 crores directly to the government and this has been given by BCCI, now it is such a team. Where did the tax of the profit earned by the owner go to the government? These cricketers are being sold for 14 crores 20 crores. 

Where did the income tax go to the government!  The media rights bought by Ambani Ji for 23000 Crores Who will earn taxes from these?  To the Government  You are staying in the hotel with the government, GST will be charged here also, you are eating only food, right,  GST will be charged there too, whatever you do, you will be taxed brother , you never avoid these two things, death and tax  Complete mathematics, now tell me in this video that I have left out any topic that we did not cover this thing, it also makes a difference, you will tell me by writing in the comment box, how much do you watch IPL cricket? Looking from the point of view of business, if you want a lot of videos like this, then brother, subscribe to the channel, like the video and tell in the comment on which topic the next video will be seen in the next video, till then thanks for

  • IPL is a festival in India and lasts for 60 days, attracting a lot of attention and enthusiasm.
  • It has more than 100 crore fans, with 90 crore from India alone, and a value of 10.9 billion dollars, making it the second most important league in the world.
  • According to KPMG's survey, 1150 crores are directly spent on the ground within 60 days of the tournament.
  • IPL contributes to the Indian economy by boosting tourism, with the travel booking during IPL increasing by 30%, and impacting the hotel and restaurant business positively.
  • Motilal Oswal is a SEBI registered advisor in the stock market industry who can help investors understand the market and make a portfolio. They also offer a free demat account opening service.

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