NEW DELHI: The BCCI on Sunday announced It Will Contribute Rs 10 crore to Encourage the Olympic-bound Indian Determined by the Petition of Indian Olympic Association (IOA) and the Sports Ministry.

A conclusion in this regard was taken at the Board’s emerging Apex Council meeting, attended with the BCCI president Sourav Ganguly and secretary Jay Shah.
“The BCCI has chosen to encourage Indian athletes in each shape and way it could.
In that spirit, depending on the petition received from the IOA/MYAS, the Apex Council of BCCI has decided to expand service to the Indian Olympic Association and has vowed a financial gesture of Rs.
10 crores,” that the BCCI said in an announcement.
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An senior Board official told PTI that,”the finance is going to be utilized for its preparation and additional contingency function of the elite athletes that have qualified to the Tokyo Games.
The modalities of this payment would be finalised after speaking into the Sports ministry and Indian Olympic Association (IOA).” The Tokyo Olympics will start from July 23.
It’s known that article passing of Li Ning because the kit sponsor, and the total given from the BCCI will surely assist in many ways of its contingent in covering a variety of prices including preparation and training.
“The BCCI has ever believed in assisting in the creation of all Olympic Sports also this isn’t the first time a large amount has been contributed,” the officer stated.
IOA President Narinder Batra resisted the BCCI and the Sports Ministry for your gesture.
“The BCCI apex council Sunday resisted the suggestion within an emerging interview once it received a petition by the Ministry of Youth Affairs and Sports.
Offering You BCCI and MYAS,” Batra said.