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Press Information Bureau
Government of India
Ministry of Youth Affairs and Sports
22 JUL 2019 3:32PM by PIB Delhi
Prize Money for Medal Winners

Cash Awards to the medal winners in international sports events including those in Olympics Games, Commonwealth Games and Asian Games are given under the Ministry of Youth Affairs and Sports’ scheme ‘Special Awards to Medal Winners in International Sports events and their Coaches’. Amount of award money to medal winners of Olympic Games, Commonwealth Games and Asian Games is as follows:

(In Rs.)

 Name of event

Gold Medal

Silver Medal

Bronze Medal

Olympics Games

75 lakh

50 lakh

30 lakh

Asian Games

30 lakh

20 lakh

10 lakh

Commonwealth Games

30 lakh

20 lakh

10 lakh

 

The details of award money given to individual sportspersons on winning medal in the World Cup/ World Championship under the scheme are as follows:

(In Rs.)

Name of event

Gold Medal

Silver Medal

Bronze Medal

World Championship/ World Cup (conducted in four year cycle)

40 lakh

25 lakh

15 lakh

World Championship/ World Cup

(held once in two years)

20 lakh

14 lakh

8 lakh

World Championship/ World Cup

(held annually)

10 lakh

7 lakh

4 lakh

 

For team events, the amount of cash award is determined as under :

 

Strength of ‘Team’ on the ground     

Number of times the award amount for the corresponding event, medal, level and category of participation

(i) A team of two persons

1 ½ times

(ii) A team of 3 or 4 persons

2 times

(iii) A team of 5 to 10 persons

3 times

(iv) A team of more than 10 persons

5 times

 

The actual prize money determined as above is shared equally among the team members. However, no member of team gets less than 50% of the award amount for the corresponding individual event and medal. Cash award is given to the individual/team on winning medal in international sports events as per the criteria prescribed in the scheme. The scheme is equally applicable to the sportspersons of Kabaddi discipline. 

 

This information was given by the Minister of State (I/C) Shri Kiren Rijiju in a written reply in the Rajya Sabha today.

                                   

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YKB/TFK