Ministry of Youth Affairs and Sports | Prize Money for Medal Winners

Ministry of Youth Affairs
Ministry of Youth Affairs

Minister of State (I/C) Shri Kiren Rijiju has informed that 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.

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