JSW Group announces cash reward over 2.5 crore for Indian medal winners at Tokyo 2020

The JSW Group, an Indian multinational conglomerate company, has announced awards over Rs 2.5 crore for all the Indian medal winners at the recently concluded Tokyo Olympics.

Neeraj Chopra, who became the first Indian to win a gold medal in athletics, will be awarded Rs 1 crore while his coach Klaus Bartonietz and physiotherapist Ishaan Marwaha will be awarded Rs 10 lakh each, the company said in a statement.

Wrestler Bajrang Punia, who won bronze medal in 65kg category, will be awarded Rs 15 lakh while his coach Emzarios Bentinidis and physiotherapist Manish Chetri will be awarded Rs 5 lakh each.

Another wrestler, Ravi Dahiya, who bagged silver in men’s 57kg, will be presented with Rs 20 lakh while his coach Satpal Singh will be awarded Rs 5 lakh, the release said.

Meanwhile, each member of the Indian men’s hockey team, along with head coach, physio and assistant coach, will be awarded Rs 2 lakh for winning bronze medal beside a grant of Rs 1 lakh each will also be awarded to four other coaching staff.

On the other hand, ace shuttler P.V. Sindhu will be awarded Rs 15 lakh for winning bronze medal in women’s singles while her coach Park Tae-Sang will get Rs 5 lakh.

Similarly, bronze medal-winning boxer Lovlina Borgohain will be awarded Rs 15 lakh while her coaches Raffaele Bergamasco and Sandhya Gurung will be awarded Rs 5 lakh each.

Mirabai Chanu, who won silver medal in women’s 49kg weightlifting, will be given Rs 20 lakh while her coach Vijay Sharma will be presented Rs 5 lakh.

Commenting on it, Parth Jindal, Founder of Inspire Institute of Sport and JSW Sports, said: “JSW Group acknowledges the contribution of each of these athletes and their coaches in ensuring the Indian flag was flying high at Tokyo. While cricket has been India’s No. 1 sport, I believe that as a country of 1.4 billion, we have much more space for new sports stars to emerge. This year’s performance has been the tipping point for India to acknowledge and recognise our sporting achievement and potential on a global stage.”

The cash grants announced by JSW Group will be awarded to the athletes in September at a ceremony to be scheduled at Inspire Institute of Sport.

News Desk

Read Previous

Tata Motors to gift an Altroz to each of Indian athlete missing bronze at Tokyo 2020

Read Next

Chelsea sign Lukaku for record fee of 97.5m pounds

%d bloggers like this: