In Asian or Para Asian Games held once in four years, the existing cash award of Rs 26 lakh has been enhanced to Rs One crore for Gold medal, Rs 16 lakh to Rs 75 lakh for Silver and Rs 11 lakh to Rs 50 lakh for Bronze medal.
Punjab Cabinet. (Photo: Twitter)
Punjab sportspersons will now get increased amount of cash rewards for their outstanding performance at various national and international tournaments or championships.
As per the enhanced cash rewards approved by Punjab Cabinet on Wednesday, in case of Olympic or Paralympics Games, the existing cash award of Rs One crore has been increased to Rs 1.50 crore for Silver medalists and Rs 51 lakh to Rs 1 crore for Bronze medalists, whereas, the cash award of Rs 2.25 crore for Gold medalists remains unchanged.
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In Asian or Para Asian Games held once in four years, the existing cash award of Rs 26 lakh has been enhanced to Rs One crore for Gold medal, Rs 16 lakh to Rs 75 lakh for Silver and Rs 11 lakh to Rs 50 lakh for Bronze medal.
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Similarly, in official World Cup or Championship, held every four years, the existing cash prize has been increased from Rs 21 lakh to Rs 80 lakh for Gold medal, Rs 11 lakh to Rs 55 lakh for Silver and Rs Seven lakh to Rs 45 lakh for Bronze medal.
In Commonwealth Games or Para Commonwealth Games, held once in four years, the sportsperson who clinches Gold medal would now get enhanced cash award of Rs 75 lakh from the earlier Rs 16 lakh, Rs 50 lakh for Silver from existing Rs 11 lakh and Rs 40 lakh for Bronze from Rs six lakh.
Besides, the Gold medalist in World University Games or Championships would get cash award of Rs Seven lakh, Rs Five lakh for Silver and Rs Three lakh for Bronze.
The cash prize money for winning Gold medal in SAF Games or Afro Asian Games and National Game or Para National Games Sports Bodies, held once a year.
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