Olympics Winners: Award of Rs 75 lakh for gold, Rs 40L for silver and Rs. 25L for bronze medal announced

Olympics Winners: Award of Rs 75 lakh for gold, Rs 40L for silver and Rs. 25L for bronze medal announced

A day before the opening ceremony of the Tokyo Olympic Games, the Indian Olympic Association has announced cash awards to the medal winners and the National Sports Federations (NSFs) that are participating in the mega event. "The Advisory Committee of IOA has recommended cash award of Rs 75 lakh for each gold medal winner; Rs. 40 lakh silver and Rs. 25 lakh to the bronze medal winners. It also recommended a sum of Rs. 1 lakh to each athlete representing the country at the Tokyo Olympic Games", the IOA informed in a release on Thursday.

Read more at 
IBTimes India

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