New Delhi, Jul 22: The Indian Olympic Association (IOA) on Thursday announced that it would give the Tokyo Olympics gold medal winners a cash award of Rs 75 lakh apart from giving each of the participating National Sports Federations (NSFs) a bonus amount of Rs 25 lakh.

The IOA Advisory Committee has recommended that silver medal winners will be presented Rs 40 lakh, while the bronze winners will get richer by Rs 25 lakhs.

"It also recommended a sum of Rs. 1 lakh to each athlete representing the country at the Tokyo Olympic Games," IOA said in a statement.

The IOA has also acknowledged the suggestions of its advisory group that a bonus of Rs. 25 lakh be given to each participating NSF and a further support of Rs 30 lakh to each medal-winning NSFs.

Besides, a support of Rs.15 lakhs each will be received by other member National Sports Federations.

"This is the first time IOA is giving reward to medal winners and medal producing NSFs to such an extent," IOA secretary general Rajeev Mehta said.

The advisory group also recommended a pocket allowance of USD 50 per day to each member of the Indian contingent for their actual days of stay in Tokyo.

IOA also said that the member State Olympic Associations "will also receive a sum of Rs 15 lakh each, as a contribution from IOA towards developing sports infrastructure in the states and in encouraging more athletes to take up sports."

Mehta said: "The Indian Olympic Association understands the hardships faced by the athletes and the federations and felt that support and aid is required by all National Sports Federations, State Olympic Associations and most importantly the athletes, after having overcome the hurdles and hard times during the coronavirus pandemic since March last year."

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Bahrain: Dr. Arathi Krishna, Vice President of the Non-Resident Indian (NRI) Forum, Government of Karnataka, participated as the Guest of Honour at the prestigious Global Women’s Economic Forum and Exhibition held on January 13, 2025 in Bahrain.

The international event, known for its pivotal role in empowering women entrepreneurs and professionals, provided a unique platform for showcasing business innovations and fostering leadership among women.

During the event, Dr. Krishna emphasized the significance of women’s contributions to entrepreneurship and technological advancements. She noted that the forum's dynamic workshops, panel discussions, and expert speeches offered specialized insights into innovative practices, financial management, and the adoption of new technologies. These knowledge-sharing opportunities are designed to support emerging women entrepreneurs, enabling them to thrive in a competitive global marketplace.

Highlighting the transformative power of such initiatives, Dr. Krishna remarked on the growing achievements of women entrepreneurs in traditionally male-dominated sectors. She acknowledged that the event not only celebrated success stories from across the globe but also inspired young women to pursue entrepreneurship and leadership roles. The participation of women-led businesses from diverse nations underscored the universal nature of entrepreneurial spirit and innovation.

Dr. Krishna also engaged in thoughtful discussions with successful women leaders and interacted with representatives of various Kannada associations in Bahrain. She reiterated her appeal to the global NRI Kannada community to strive for excellence and greater accomplishments in their respective fields.