• BCCI announces cash reward for Olympic medal winners

    BCCI announces cash reward for Olympic medal winners

    New Delhi: The Board of Control for Cricket in India (BCCI) announced cash rewards for Olympic medal winners from India on Saturday.

    BCCI Secretary Jay Shah declared a Rs 1 crore cash reward for Indian javelin thrower Neeraj Chopra. Javelin thrower Chopra ensured India's second gold in Olympic records with a magnificent spectacle.

    Through a tweet, BCCI also announced that cash rewards would be given to each of the medalists. Indian players Mirabai Chanu and Ravi Dahiya will be provided with 50lakhs each. Mirabai Chanu acquired India's first weightlifting reward at the Games. Ravi Dahiya became the second wrestler solely from the nation to gain silver next to Sushil Kumar.

    The regulatory group of cricket will provide Rs 25 lakh each to bronze medal winners -- shuttler PV Sindhu, boxer Lovlina Borgohain, including wrestler Bajrang Punia.

    Moreover, the Indian men's hockey team will receive Rs 1.25 crore for their magnificent appearance, maintaining a medal after 41 years.

    On the other hand, IPL franchise Chennai Super Kings declared a Rs 1 crore cash award for Chopra.

    "As a sign of gratitude and recognition on his heavenly performance, CSK is granting Rs. 1 Crore to Neeraj Chopra," stated CSK in a declaration.

    "CSK will be creating a unique jersey with the figure 8758 as a sign of honour to Neeraj Chopra," it continued.