CURRENT AFFAIRS

Detailed explanation-1: -Targeting the 2020 Olympics, SAI Director General Neelam Kapur said that Rs 100 crore had been allocated for preparations. The secretariat took into account the performance of Indian athletes in 2016-2018 and feedback from national federations and coaches to improve India’s medal tally.

Detailed explanation-2: -Mission Olympic Cell (MOC) The Mission Olympic Cell is a special organization established to support the athletes chosen under the TOP Scheme.

Detailed explanation-3: -The Target Olympic Podium Scheme or TOPS was launched in 2014 under the aegis of the Ministry of Youth Affairs and Sports (MYAS), GOI. The chief objective of the scheme is to provide financial assistance and other help to athletes in their pursuit of medals in the Olympics and other international sporting events.

Detailed explanation-4: -The gold medallists in the games would get a cash award of ₹1.50 crore, whereas ₹75 lakh and ₹50 lakh would be given to those who win silver and bronze medals.

Detailed explanation-5: -By Press Trust of India: Following the success of the Indian athletes at the Tokyo Olympics, the Indian government on Tuesday allocated a sports budget of Rs 3062.60 crore for the financial year 2022-23. It sees an increase of Rs 305.8 crore from last year.