Indian Olympic Association Announces Cash Awards To Medal Winners Of The Tokyo 2020 Olympics
New Delhi, July 23 (TNA) The Indian Olympic Association (ICA) has announced cash awards to the medal winners and concerned participating National Sports Federations of the Tokyo 2020 Olympic Games scheduled to be held from 23 July to 8 August, 2021 in Tokyo, Japan
The Advisory Committee of IOA has recommended cash awards for Gold Rs. 75 lakhs for Silver Rs 40 lakhs Bronze Rs. 25 lakhs to the medal winners. It also recommended a sum of Rs 1 lakh to each athlete representing the country at the Tokyo Olympic Games
The ICA has also acknowledged the suggestions of its advisory group that a bonus of Rs. 25 lakh will be given to each participating National Sports Federations and a further support of Rs 30 lakh to each medal-winning NSFs of the Tokyo 2020 Olympic Games.
Besides this a support of Rs.15 lakhs each will be received by other member National Sports Federations.