Key Points:
- The BCCI has decided to donated Rs. 10 Crore to the Indian Olympics contingent that will be travelling for the Tokyo Olympic Games in the month of July.
- The National Olympic Committee dropped its official Chinese kit partner – sportswear maker Li Ning, stating public sentiment ahead of the Tokyo Games.
- “Based on the request received from the IOA/MYAS, the Apex Council of BCCI has decided to extend support to the Indian Olympic Association and has pledged a monetary gesture of Rs. 10 crores,” BCCI said in a statement.
The Tokyo Olympics are round the corner and India is prepping hard for it. A few have got through and some couldn’t but the excitement doesn’t decrease. In relation to the Biggest Sports Festival of the World – The Olympics, on Sunday, the Board of Control for Cricket (BCCI) made a huge announcement.
The BCCI has decided to donated Rs. 10 Crore to the Indian Olympics contingent that will be travelling for the Tokyo Olympic Games in the month of July.
It was during an Apex Council virtual meet of the BCCI where the Indian board decided to support India’s Olympic-bound contingent.
Jay Shah, the secretary of the Board of Control for Cricket in India said in a statement that BCCI had received a request from the Indian Olympic Association (IOA) as well as the Ministry of Youth Affairs and Sports (MYAS) seeking its help for the support.
“The summer Olympics is scheduled to be held in Tokyo from 23 July to 8th August 2021. The BCCI has decided to support Indian athletes in every form and manner it can. In that spirit, based on the request received from the IOA/MYAS, the Apex Council of BCCI has decided to extend support to the Indian Olympic Association and has pledged a monetary gesture of Rs. 10 crores,” BCCI said in a statement.
The National Olympic Committee dropped its official Chinese kit partner – sportswear maker Li Ning, stating public sentiment ahead of the Tokyo Games and hence, India’s cricket board BCCI has offered $1.35 million in financial support to the Indian Olympics contingent.
Chinese companies have faced a backlash in India since 20 Indian soldiers were killed in action with Chinese forces in Ladakh’s Galwan Valley.
In the start of June, the IOA ended its 60 million rupees deal with Li Ning just 2 months prior to its due expiry after the Tokyo Olympics.
A committee to look into the compensation for its domestic players will also be formed by the Indian board’s Apex Council.
The BCCI said it hoped the “monetary gesture” would help Indian athletes bring home a record number of medals fromTokyo.
“The BCCI wishes all the athletes representing India in the Olympics all the very best and hopes that they return with more medals than ever before.”
“The BCCI has always believed in helping in the development of Olympic Sports and this is not the first time that a big amount is being donated,” a senior BCCI official told PTI.
