AICF announces cash reward for Olympiad winners: Here’s how much the Indian chess teams will earn

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Chess Olympiad winners reward moneyIndian teams astatine the presumption ceremonial of the 45th Chess Olympiad successful Budapest, Sunday, Sept. 22, 2024. India won the golden medals some successful the Open and women’s sections of the Chess Olympiad. (PTI Photo via FIDE)

The All India Chess Federation announced Rs 3.2 crore successful rewards for Olympiad-winning Indian teams, AICF president Nitin Narang revealed successful a felicitation ceremonial connected Wednesday.

Each subordinate from the winning teams volition person Rs 25 lakh, portion the coaches of the men’s and women’s teams, Abhijeet Kunte and Srinath Narayanan, volition beryllium rewarded with Rs 15 lakh each.

Grandmaster Dibyendu Barua, caput of the Indian delegation, volition person Rs 10 lakh, and the adjunct coaches volition beryllium rewarded Rs 7.5 lakh.

“The hunger for golden ended successful Hungary, but the tendency for occurrence continues. In the unfastened conception we dominated and successful women’s conception we owned it,” AICF president Narang said during the felicitation.

“Our players are crisp shooters connected the chessboard. The seeds planted by Vishwanathan Anand person grown into a forest.” AICF caput wide Dev A Patel said the historical duplicate golden medals volition assistance successful bringing a chess gyration successful the country.

Festive offer

“In 97 years of Chess Olympiad, we won golden successful some categories. It’s a historical achievement,” Patel said.

“This volition springiness a caller spark to chess enthusiasts. We volition look to usage this momentum to promote adjacent procreation of chess players.”

India made past astatine the 45th Chess Olympiad successful Budapest arsenic some the men’s and women’s teams clinched their maiden golden medals, marking a monumental accomplishment successful Indian chess.

The men’s team, featuring D Gukesh, Arjun Erigaisi, and R Praggnanandhaa, displayed dominance throughout, defeating Slovenia successful the last round.

Gukesh, the prima performer, won 10 of 11 rounds, propelling India to the apical with 21 retired of a imaginable 22 points.

The women’s team, led by D Harika, Tania Sachdev, and R Vaishali, secured their golden by defeating Azerbaijan successful a tense final.

Prime Minister Narendra Modi earlier connected Wednesday personally congratulated the champions, praising their dedication and interaction connected Indian sports.

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