Punjab government increases cash prize for medal winners

Last Updated: Oct 05 2018 18:39
Reading time: 0 mins, 53 secs

SPORTS- The government of Punjab has increased the amount of cash prizes given to winners of the prestigious tournaments like Olympics, Asian Games, and Commonwealth Games.

Under the new Sports Policy-2018, cash prize of the gold medal winners in Olympic/Paralympic Games has been enhanced to Rs. 2.25 crore while the silver and bronze medal winners would get Rs. 1.5 crore and Rs. 1 crore respectively.

The gold, silver and bronze medallists of the Asian Games/Para Asian Games will now get Rs. 1 crore, Rs. 75 lakh and Rs. 50 lakh respectively.

Gold, silver and bronze medal winners would get Rs. 75 lakh, Rs. 50 lakh and Rs. 40 lakh for Commonwealth Games/Para Commonwealth Games.

The government also announced that a felicitation ceremony for 2018 Asian Games and 2018 Commonwealth Games winners will be held on October 11.