The reason being given by the BCCI is that there is not enough talent available in the country to organize such a league. Personally, I believe that it is just BS. What prevents from starting a 3-team or 4-team franchise league in the preliminary phase? Half of the players can be sourced from India and the other half from abroad. The real reason for not doing this is due to the fear that the IPL brand may get diluted. Very unfair to the female players. The BCCI is essentially saying that it is the responsibility of the ECB and CA to groom the young Indian players.
I have to absolutely agree with you on this one because there is no reason why this can't be done, and we also know that BCCI is not doing that. you know, they are getting really good enough money from the IPL and why do something that might jeopardize the money. Maybe in the distant future where IPL will lose its traction, then maybe they will think about doing something like that in my opinion.