11 July:Pension of medal winners in international competitions such as Olympic and Asian Games has been doubled with effect from 1st July, the Sports Ministry announced.
The decision was made by the General Committee on Thursday, the apex body for managing the "Sports Fund for Pension to meritorious sportspersons", which met in New Delhi under the chairmanship of Sports Minister M S Gill.
"The Government has made 100 percent increase in the pension of meritorious sportspersons," said a press statement issued by the Ministry.
"The enhanced rates of pension will be applicable to both existing meritorious sportspersons drawing pension as well as sportspersons eligible in future. The new rates will be effective from 1st July, 2008," it added.
As per the revised rates of pension the medalists at the Olympic Games will get Rs 10,000 in place of Rs 5000 and gold medalists at the World Cup/World Championships in Olympic and Asian Games disciplines will draw Rs 8000 instead of Rs 4000 per month.
Silver and bronze medallists at the World Cup/World Championships, Olympic and Asian Games disciplines and the gold winners of the Asian/Commonwealth Games will get Rs 7000 in place of Rs 3500.
It would be Rs 6000 for silver and bronze medalists of the Asian/Commonwealth Games.The Para-Olympic Games medal winners will also be benefited getting Rs 5000, Rs 4000 and Rs 3000 per month.Courtsey : DD NEWS