Source: The Sangai Express
Imphal, October 03 2010:
Petroleum & Natural Gas Minister Murli Deora, who is also Patron of Petroleum Sports Promotion Board (PSPB) has announced cash incentives to the Indian medal winners in the Commonwealth Games, 2010 .
In a decision taken by the Board this morning, gold medallist would be awarded cash prize of Rs 10 lakhs, silver medallist Rs 7.5 lakhs and bronze medal winner Rs 5 lakh, informed a PIB release.
Describing the significance of the decision, Deora said that this will go a long way in promoting sports in the country.
He expressed hope that the lead provided by the oil PSUs and PSPB will encourage youngsters to take sports as a career.
Nearly 50 sports persons affiliated to PSPB are representing India in the Games.
PSPB is a leading body of oil PSUs for promotion and development of sports in the country, the PIB added.