Pakistan Sports Board Introduces Lucrative Cash Awards for Medal-Winning Athletes

In a groundbreaking move, the Pakistan Sports Board (PSB) has unveiled a new cash award policy to recognize and reward the country’s top-performing athletes. The decision, finalized during the PSB’s 31st Board meeting on Dec 4, outlines generous cash prizes for medalists across a range of prestigious events, including the Olympics, Asian Games, and National Championships.

The official notification marks a significant step forward in motivating athletes to excel on international and national stages. Here’s a detailed breakdown of the cash awards policy announced by the Pakistan Sports Board:

Olympic and Paralympic Games

Athletes who secure podium finishes at the Olympics or Paralympic Games will receive some of the highest rewards under the new policy:

• Gold Medal: Rs10 million
• Silver Medal: Rs7.5 million
• Bronze Medal: Rs5 million

The same amounts apply to both the Summer and Winter Olympic Games, showcasing Pakistan’s commitment to both able-bodied and para-athletes.

Asian Games and Asian Para Games

The Asian Games and Asian Para Games also feature prominently in the new Pakistan Sports Board cash awards policy:

• Gold Medal: Rs7.5 million
• Silver Medal: Rs5 million
• Bronze Medal: Rs3 million

Commonwealth Games and Islamic Solidarity Games

Athletes competing in the Commonwealth Games and Islamic Solidarity Games, whether able-bodied or para-athletes, will receive:

• Gold Medal: Rs5 million
• Silver Medal: Rs3 million
• Bronze Medal: Rs2 million

This parity ensures that athletes in diverse competitions feel equally valued.

Youth Olympics and Other Youth Games

Promoting the development of young talent, the Pakistan Sports Board’s cash award policy includes rewards for the Youth Olympics, Asian Youth Games, and Commonwealth Youth Games:

• Gold Medal: Rs5 million (Youth Olympics); Rs2 million (Asian & Commonwealth Youth Games)
• Silver Medal: Rs3 million (Youth Olympics); Rs1 million (Asian & Commonwealth Youth Games)
• Bronze Medal: Rs2 million (Youth Olympics); Rs0.5 million (Asian & Commonwealth Youth Games)

World Championships and World Cups

World Championships and World Cups, held annually, also feature attractive prizes for podium finishes:

• Gold Medal: Rs5 million
• Silver Medal: Rs3 million
• Bronze Medal: Rs2 million

The same prize structure applies to both senior and junior categories of World Championships and World Cups.

Asian and South Asian Championships

For athletes competing at the Asian and South Asian levels, the rewards include:

• Asian Championship (Gold, Silver, Bronze): Rs2 million, Rs1 million, and Rs0.5 million, respectively
• South Asian Championship (Gold, Silver, Bronze): Rs0.5 million, Rs0.25 million, and Rs0.1 million, respectively

Special Olympics, IBSA World Games, and Deaflympics

The new policy extends to athletes participating in the Special Olympics, IBSA World Games, and Deaflympics. It ensures they are rewarded equally for their efforts.

National Games and Quaid-e-Azam Games

At the national level, winners of the National Games and Quaid-e-Azam Games will also receive monetary rewards:

• Gold Medal: Rs1 million
• Silver Medal: Rs0.5 million
• Bronze Medal: Rs0.25 million

In team events, each member of a gold-medal-winning team will receive Rs0.5 million, Rs0.25 million for silver, and Rs0.1 million for bronze.