The cabinet meeting also decided to award Rs 7.5 million to the silver medalist and Rs 5 million to the bronze medalist of the Olympics in individual events. [break]
The cash prizes for group events are Rs 4 million, Rs 3.5 million and Rs 2 million for gold, silver and bronze medalists respectively.
The winners of Asian Games will receive Rs 2.5 million, Rs 1.5 million and Rs 1 million for gold, silver and bronze respectively in individual events.
Similarly, the government has decided to award Rs 500,000, Rs 300,000 and Rs 200,000 respectively to the gold, silver and bronze medalists of South Asian Games in individual events.
Any athlete retiring after winning medals in three or more international events will receive Rs 2.5 million. Besides, the government has also decided to award the coaches and associations if the players win medals in international tournaments.
Related story
Actor Jackie Chan carries Olympic torch atop Great Wall
