In recent times, Team India has emerged as the biggest powerhouse of cricket in this era and the International Cricket Council (ICC) has said that it is in no danger of losing the hosting rights for the World Cup in 2023. On Thursday, ICC CEO Dave Richardson buried the speculation that the mega-event being organized by India in the next decade, could be jeopardized owing to tax exemption issues.

The Indian government had refused to grant tax exemptions to the cricket’s international body when India hosted the 2016 World T20 at which the latter had asked the BCCI to either pay USD 23 million (₹161 crore) as compensation or lose the hosting rights of the 2023 edition of the global event. It will be the fourth time the World Cup will be hosted in the sub-continent although this time only India is going to organize it, unlike in 1987, 1996 and 2011.

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During the event of announcing a five-year partnership with Coco-Cola, Richardson said, “Getting tax exemptions is very important for world cricket because every cent that is made by the ICC revenue wise is put back into the game. This helps countries like the West Indies who don’t generate as much revenue. But having said that there are no plans of taking away the hosting (from India) and I’m sure we will get it (exemption) in the end, we’ve still got a lot of time.”

India is perhaps the biggest draw in international cricket not only for its cricketing skills but also commercial offerings. Richardson also said that India and Pakistan were not meeting in the group stages of the 2020 World T20 (in Australia) the schedule of which was unveiled recently.

The ICC CEO said the groups were decided on the basis of rankings and there was no credible way to make the two arch-rivals meet each other before the semis. This will be the first time since 2011 that India and Pakistan won’t meet in the group stages.