The grandest sports event of 2024, the Paris Olympics are currently in full swing. Naturally, there is considerable excitement around them. In India too, the marquee sports meet is the talk of the town. And with Manu Bhaker opening the country’s medal tally, this interest has increased manifold.
Before we start discussing the event at length though, here are all the key details about the Paris Olympics 2024 that you need to keep in mind:
- Date: 26 July to 11 August
- Venue: Paris, France
- Where to watch: JioCinema
At the Tokyo Olympics in 2021, India sent its largest contingent — 124 athletes — in the history of the sports meet. An increase in the number of athletes resulted in a greater haul of medals. The seven medals — including Neeraj Chopra‘s historic gold medal in javelin throw — is the most the country has ever won at the Olympics.
This year, a total of 117 athletes will be representing India in 16 sports disciplines. While the number of athletes is lesser than in the previous edition, many consider this Indian contingent to be one of the strongest. As such, fans and experts are hoping to see India breach the double-digit barrier on the medal tally in Paris.
This, of course, won’t be easy since every athlete who aims to wave the tricolour high will be facing the best of the best, the cream of the crop from around the world.
But the herculean effort, hard work and grit needed to secure a medal will be worth it. After all, an Olympic medal winner is given a hero’s welcome in India. In addition, the country’s government and the apex federation reward them handsomely. Over time, the payouts have become even more lucrative.
So how much cash reward will the Olympic medallists take home this year? Scroll down to learn about the prize money India will offer its Paris Olympics 2024 medal-winning athletes and how it compares to the rewards given in 2020.
India At Paris Olympics 2024: Which Athletes Are Likely To Win Medals And Wave The Tricolour High?
What were the payouts received by Indian athletes at the 2020 Tokyo Olympics?
The fortunes of India’s Olympic medal winners tend to change drastically once they script history. In 2021, six individual players ended up on the podium in Tokyo. Their respective state governments honoured them with the following payouts:
- Neeraj Chopra: Gold, javelin throw — INR 6 crore (Haryana)
- Ravi Kumar Dahiya: Silver, wrestling — INR 4 crore (Haryana)
- Mirabai Chanu: Silver, weightlifting — INR 1 crore (Manipur)
- Lovlina Borgohain: Bronze, boxing — INR 1 crore (Assam)
- PV Sindhu: Bronze, badminton — INR 30 lakh (Telengana)
- Bajrang Punia: Bronze, wrestling — INR 25 lakh (Haryana)
Meanwhile, the members of the bronze medal-winning Indian hockey team received cash rewards according to the policies of their respective states.
In a similar vein, the Indian government announced cash prizes of INR 75 lakh for the gold medal winner Neeraj Chopra, INR 50 lakh for the silver medallists Ravi Kumar Dahiya and Mirabai Chanu and INR 30 lakh for bronze medal winners Lovlina Borgohain, PV Sindhu, Bajrang Puna and the Indian hockey team.
But the aforementioned sums were not the official rewards. The Indian Olympic Association (IOA) announced the following prize money structure for the medal winners at the Tokyo Olympics:
- Gold: INR 75 lakh
- Silver: INR 40 lakh
- Bronze: INR 25 lakh
How much prize money will an Olympics 2024 Gold medal winner from India get?
View this post on Instagram
India’s first medal at the Paris Olympics 2024 came through the hands of Manu Bhaker in the women’s 10-metre air pistol event on Sunday, 28 July. Naturally, the question on everyone’s mind is simple: how much cash prize will she take home?
According to a host of reports, the prize money for the athletes from India at the Paris Olympics 2024 by the IOC will see a significant bump from the previous edition. Here is a look at the payout structure:
- Gold: INR 1 crore
- Silver: INR 75 lakh
- Bronze: INR 50 lakh
By virtue of winning the bronze medal, Bhaker is guaranteed a sum of INR 50 lakh from the IOC. However, the cash rewards by the Indian government and the respective state governments remain undisclosed. Watch this space for more updates on that front.
Where to live stream the Paris Olympics 2024 in India
The Paris Olympics 2024 will be available for live streaming in India on JioCinema. In addition, fans can also watch them on Sports18 Network TV channels.
Who Are The Top 10 Highest-Paid Athletes In 2024 And How Did They Reach There?
Decoding Hockey Player Harmanpreet Singh’s Stats, Career Achievements And Rise To Stardom
(Main and Featured Images Credits: Indian Olympic Association/Instagram)
Frequently Asked Questions (FAQs)
A gold medal-winning Indian athlete will be rewarded INR 1 crore by the Indian Olympic Association (IOC).
A silver medal-winning Indian athlete will be rewarded INR 75 lakh by the Indian Olympic Association (IOC).
A bronze medal-winning Indian athlete will be rewarded INR 50 lakh by the Indian Olympic Association (IOC).
