Sports Ministry Announces Award of Rs. 50 lakhs
to Abhinav Bindra
The Sports Ministry has announced a prize money of Rs. 50 lakhs to Abhinav Bindra, for his gold medal in the Beijing Olympics 2008, under
the scheme of special award to medal winners in International Sports events.
Coming in the back drop of Bindra’s medal winning performance, Dr. M.S. Gill, Sports
Minister, spoke to Finance Minister and Prime Minister for enhancing the prize
money from Rs. 30 lakhs to
50 lakhs, for gold medallists
in the Olympics. The Ministry also increased
the prize money, of silver and bronze medals, as indicated in the table below:
| Type
of Olympic Medal | Existing
Prize Money | Revised
Prize Money |
| Gold | Rs. 30 lakhs | Rs. 50 lakhs |
| Silver | Rs. 18 lakhs | Rs. 30 lakhs |
| Bronze
| Rs. 12 lakhs | Rs. 20 lakhs |
Dr. Gill stated that the enhanced prize
money will help in better performance of Indian sports persons, in the Olympics.
RM/AS