Besides a gold medal and a trophy, the first prize in men's category carried a cash award of Rs 2.5 lakh while the amount of cash prize in women section was Rs 75,000.
In the Indian category, Ajay Kumar Sharma was adjudged winner and was given a cash prize of Rs 1.10 lakh while the new talent prize was bagged by Kamal Kishore.
In the Sports Class category, Jim Mallinson of UK won cash award of Rs 75,000 and a trophy.
The CM said that Billing was a world famous site where paragliders from all over the world come to experience the beauty of the valley as well as paragliding.
As many as 107 pilots including 12 women pilots from all over the country and 25 foreign countries participated in the event.
He hoped that the event would continue in the same spirit in future and would attract more participants from abroad.
He said that the efforts would be made to acquire suitable land to develop an 18-hole golf course at Bir to make it an all weather sports destination.
