Tuesday, 8 December 2009

Commonwealth Games to break-even financially

Government of India has given projections for 2010 Commonwealth Games.

According to a release, Commonwealth Games will generate Rs 1708 crore, which is Rs 88 crore more than the government has budgeted for the conduct of the multi-discipline event.

Minister of State for Youth Affairs and Sports Pratik Prakashbapu Patil said in the parliament today that the government has enhanced the budget for the October 3-14 Games from Rs 767 crore to Rs 1620 crore.

"The Organising Committee has estimated that it would generate revenue of around Rs 1708 crore from international/domestic broadcasting, sponsorship, ticketing, licensed merchandise, donations etc," the Minister told in his reply to a written question.

Explaining the decision to raise the allocation, Patil said, the additional funds are likely to be spent by the Organising Committee on accreditation, city operations, sponsorships and TV rights, security, accommodation, catering, opening and closing ceremonies, protocol and Queens Baton Relay.


Post a Comment

Related Posts with Thumbnails
indiae.in we are in Indiae.in

Sport Blogs - BlogCatalog Blog Directory blogarama - the blog directory Sports blogs blog directory Blog Directory Golden - Links Web Directory Blog Collector Free Website Directory

Blog Directory Blog Directory

Follow this site rantop.com

Link exchange | Internet Marketing