Saturday, March 15, 2008

BCCI to fund for 5 Olympic disciplines



One of the world's Richest Sporting Body BCCI ( Board Of Control for Cricket in India ) which had a net revenue of $1.5 billion in 2006 has announced on Saturday (15th march) that it would be funding five disciplines of the Olympic sports for Indian Team by the end of March and would restrict its help to only individual sports to start with.

The board has tied-up with the Sports Ministry to sponsor the development of sports persons in the areas of archery, boxing, judo, swimming and weightlifting.

The board and the ministry has also set aside Rs 25 crore for each of these sports for identifying talents and medal hopefuls for the Commonwealth Games to be held in New Delhi in 2010 and also for the next Olympics 2012 in London.


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