State

Odisha Govt doubles Cash Prize for Sports Persons

Bhubaneswar, Oct 30: In order to encourage the sportspersons of the state, Odisha government has doubled the amount of cash reward for the winners in international events.

"Odisha government has decided to double the amount of cash prize for sportspersons from the state in the international events like Olympics," a press release issued by the Chief Minister office said on Wednesday.

According to the release, any sportsperson of the state if wins a gold in the international competitions would be given a cash reward of Rs 1 crore, and for silver and bronze medalists the amount would be Rs 60 lakh and Rs 40 lakh respectively.

The Centre currently gives Rs 50 lakh, Rs 30 lakh and Rs 20 lakh cash prize for gold, silver and bronze medal winners in individual events.

While the central government gives prize money Rs 2 lakh, Rs 1 lakh and Rs 50,000 for youth Olympics, junior Youth World Championship and World Cup, the state government has decided to double the amount for the winners from the state.

The prize money for sub-junior World Cup and World Championship would also be doubled, the release said, adding that the new amount to be effective from 2014 Commonwelath Games.

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