Paris 2024 Olympics -“Honoring Unmatched Excellence: IOA Boosts Awards for Paris Olympics Champions”

Paris 2024 Olympics

Paris 2024 Olympics – Increased Monetary Awards for Paris Olympics Medalists

Ahead of the Paris 2024 Olympics scheduled from July 26 to August 11, the Indian Olympic Association (IOA) has raised the monetary awards for medal-winning athletes. The IOA has announced substantial increases across all medal categories, reinforcing its support for Indian athletes competing at the highest level.

The prize money for gold medal winners at the Games has been raised from Rs 75 lakh to Rs 1 crore. Meanwhile, according to the Times of India, silver and bronze medal winners in Paris will receive Rs 75 lakh and Rs 50 lakh respectively.

This prize money is separate from the government’s scheme, where Paris 2024 Olympics gold medalists receive Rs 75 lakh, while silver and bronze medalists are awarded Rs 50 lakh and Rs 30 lakh respectively.

Additionally, World Athletics (WA) recently revealed a cash prize of $50,000 (approximately Rs 42 lakh) for every athlete winning a gold medal at this year’s Olympics. Returning to the IOA.

Regarding team prize money , the IOA has decided to award a cash prize of Rs 2 crore to the gold medal-winning team, while silver and bronze medal-winning teams will receive Rs 1 crore and 75 lakh respectively.

Believe in your strength and dedication as you step onto the Olympic stage. Every challenge faced, every sacrifice made, has prepared you for this moment. Embrace the spirit of unity and excellence, knowing that you represent not just yourself, but a world of supporters. Strive for greatness and make history. https://globalbuzznetwork.com/list-of-sports-events-medals-dates-and-location-schedule/

https://timesofindia.indiatimes.com/sports/paris-olympics-2024/ioa-hikes-monetary-awards-for-paris-olympics-medallists/articleshow/111266923.cms

https://www.indiatvnews.com/sports/other/paris-olympics-ioa-hikes-monetary-awards-for-medallists-at-event-50-pocket-allowance-for-each-member-2024-06-26-938868