The Board of Control for Cricket in India has decided at its Special General Meeting to double the incentive of the Indian cricket team from Rs 50 lakh to Rs 1 crore for their 2 -1 series win against Australia.
Earlier, the COA had decided that the members of the Indian team would be given Rs. 50 lakhs for the Test series win on a pro-rata basis (according to the number of matches played). But now, the decision was taken by the Indian cricket board, reversing the COA’s decision.
After attending the Special General Meeting, a state unit functionary told Press Trust of India, “The BCCI SGM today passed the unanimous resolution that players who were a part of Australia series win should get double the incentive. Hence they will now be paid Rs 1 crore instead of Rs 50 lakh.”
On the decision to double the incentives, the COA was also given a message that any decision on financial incentives would be taken by the General Body.
The official said, “The statutory rule is to pass any decision pertaining to finance through General body meeting. The amount of incentive decided by the COA was not passed by the General body. Also, an impression was given that BCCI members are against incentive. The decision proves we are pro-players.”
The Indian cricket board members are opined that Vinod Rai and Co won’t have any problems if the players get double the money as COA has powers to resolve any financial dispute.