NEW DELHI: The Indian Olympic Affiliation (IOA) will give away a money award of Rs 1 crore to particular person gold medal winners on the Paris Video games. The silver medallists will get Rs 75 lakh and bronze medallists Rs 50 lakh, TOI has learnt. The Video games will run from July 26 to August 11.
These awards can be given over and above what the government provides to the Olympic medallists in particular person classes.In line with the government’s scheme for medal winners, an Olympic champion will get Rs 75 lakh, the silver winner Rs 50 lakh and bronze medallist Rs 30 lakh.
IOA had, for the primary time, handed out money awards in 2018 to the medal winners of the Jakarta-Palembang Asian Video games: gold medallist acquired Rs 5 lakh, silver medallist Rs three lakh and bronze winner Rs 2 lakh.
Since then, IOA has been often rewarding the athletes. On the Tokyo Olympics in 2021, it has given Rs 75 lakh to the gold medallist, Rs 40 lakh to silver winner and Rs 25 lakh to the bronze medallist.
For the Paris Video games, it has introduced a big increase within the money prizes. Within the case of silver and bronze winners, the award cash has been virtually doubled.
Medal expectations
The IOA has put its projection rely for Paris at 10 particular person medals. In an interview with TOI not too long ago, IOA president P T Usha had expressed confidence that India would end with a double-digit medal tally. IOA is anticipating Indian athletes to win no less than 10 particular person medals in Paris and for that, it has earmarked a funds of Rs 7 crore.
IOA has additionally determined to individually award the nation’s males’s hockey group with a money prize for the reason that sport falls within the ‘groups’ class. In case the hockey group wins gold, it is going to be given a money prize of Rs 2 crore. For a runners-up place, the group will get Rs 1 crore and for bronze Rs 75 lakh.
Just lately, World Athletics (WA) had introduced a money prize of $50,000 (approx. Rs 42 lakh) for every gold medal winner on the Paris Video games, a historic step for the Summer time Video games.
IOA has additionally earmarked a pocket allowance of $50 per day for every member of the Indian contingent for his or her keep in Paris. The allowance has been calculated for 25 days to be spent on 195 members of the nation’s contingent.
In one other first, IOA will present a money grant to athletes and help workers going to Paris. The athletes will obtain Rs 2 lakh every and the teaching and help workers Rs 1 lakh every.
IOA can even bear the price of Rs 4.40 lakh on golf baggage for the four-member Indian group (@Rs 110,000 per member). IOA can even spend Rs 9 lakh on the boarding and lodging of 4P class athletes and groom of equestrian.
IOA AWARDS ON OFFER FOR INDIVIDUAL MEDALLISTS
Gold Medallist: Rs 1 crore; Silver: Rs 75 lakh; Bronze: Rs 50 lakh
For Males’s Hockey Staff
Gold: Rs 2 crore; Silver: Rs 1 crore; Bronze: Rs 75 lakh
WHAT GOVT OFFERS
Gold: Rs 75 lakh; Silver Rs: 50 lakh; Bronze: Rs 30 lakh
These awards can be given over and above what the government provides to the Olympic medallists in particular person classes.In line with the government’s scheme for medal winners, an Olympic champion will get Rs 75 lakh, the silver winner Rs 50 lakh and bronze medallist Rs 30 lakh.
IOA had, for the primary time, handed out money awards in 2018 to the medal winners of the Jakarta-Palembang Asian Video games: gold medallist acquired Rs 5 lakh, silver medallist Rs three lakh and bronze winner Rs 2 lakh.
Since then, IOA has been often rewarding the athletes. On the Tokyo Olympics in 2021, it has given Rs 75 lakh to the gold medallist, Rs 40 lakh to silver winner and Rs 25 lakh to the bronze medallist.
For the Paris Video games, it has introduced a big increase within the money prizes. Within the case of silver and bronze winners, the award cash has been virtually doubled.
Medal expectations
The IOA has put its projection rely for Paris at 10 particular person medals. In an interview with TOI not too long ago, IOA president P T Usha had expressed confidence that India would end with a double-digit medal tally. IOA is anticipating Indian athletes to win no less than 10 particular person medals in Paris and for that, it has earmarked a funds of Rs 7 crore.
IOA has additionally determined to individually award the nation’s males’s hockey group with a money prize for the reason that sport falls within the ‘groups’ class. In case the hockey group wins gold, it is going to be given a money prize of Rs 2 crore. For a runners-up place, the group will get Rs 1 crore and for bronze Rs 75 lakh.
Just lately, World Athletics (WA) had introduced a money prize of $50,000 (approx. Rs 42 lakh) for every gold medal winner on the Paris Video games, a historic step for the Summer time Video games.
IOA has additionally earmarked a pocket allowance of $50 per day for every member of the Indian contingent for his or her keep in Paris. The allowance has been calculated for 25 days to be spent on 195 members of the nation’s contingent.
In one other first, IOA will present a money grant to athletes and help workers going to Paris. The athletes will obtain Rs 2 lakh every and the teaching and help workers Rs 1 lakh every.
IOA can even bear the price of Rs 4.40 lakh on golf baggage for the four-member Indian group (@Rs 110,000 per member). IOA can even spend Rs 9 lakh on the boarding and lodging of 4P class athletes and groom of equestrian.
IOA AWARDS ON OFFER FOR INDIVIDUAL MEDALLISTS
Gold Medallist: Rs 1 crore; Silver: Rs 75 lakh; Bronze: Rs 50 lakh
For Males’s Hockey Staff
Gold: Rs 2 crore; Silver: Rs 1 crore; Bronze: Rs 75 lakh
WHAT GOVT OFFERS
Gold: Rs 75 lakh; Silver Rs: 50 lakh; Bronze: Rs 30 lakh
