Stipend of Rs 50,000 per month be paid to the elite athletes preparing for Tokyo Olympic, Asian Games or Common Wealth Games to meet pocket expenses

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Capital Market
Last Updated : Sep 18 2017 | 3:28 PM IST
The Olympic Task Force has recommended that stipend of Rs 50,000 per month be paid to the elite athletes preparing for Tokyo Olympic, Asian Games or Common Wealth Games to meet pocket expenses.

The Government, accepting the recommendation, today took decision to give stipend of Rs 50,000 per month. The Government has selected 152 elites under TOP scheme. All the athletes will get benefit from this decision. The stipend will be paid with effect from 1st September, 2017.

This decision was announced by the Minister of State (I/C) youth affairs and Sports Col. Rajyavardhan Rathore (Retd.) on social media platform as follows:

Rajyavardhan Rathore on Twitter: "MYAS @IndiaSports announces Rs 50k/month pocket allowance for 152 elite athletes preparing for Tokyo/CWG/Asian Games. Athletes first, always!"

Rajyavardhan Rathore on Twitter: "The allowance applies with effect from 1 Sep 2017 & is purely for pocket expenses of elite athletes. Committed to providing all resources to our champions"

Further, Government is getting in touch with all the athletes selected under TOP to get training & competition exposure plan and any further assistance required for preparation of prestigious competitions.

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First Published: Sep 18 2017 | 3:06 PM IST

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