Hi my name is Charan. I would like to have a Justifying answer for the question posed above in simple 6 minutes. Why Cricket…???
BCCI currently has highest income of any national cricket board, with revenue of 868crores.BCCI had registered a profit of 382.36crores for 2011-12’.BCCI keeping its reputation of being India’s richest sporting body intact, BCCI has paid taxes to the tune of 250crore. Costly rights:
The global media rights for international cricket to be held in India between March 2010 and March 2014 were awarded to production house Nimbus for US$612 Million. Official kit sponsorship rights for 5 years from 2010 to 2013 inclusive were awarded to Nike for US$43 Million. While Air Sahara became the official Indian cricket team sponsor for a period of four years at a cost of US$70 Million. The media rights for 25 neutral venue one-day matches to be played over the next 5 years were awarded to Zee Telefilms for US$219.15 Million.Business Standard reports that it will get another Rs 2,000 crore ($450 million) from the sale of other rights, including hotel, travel and ground sponsorship. Frantic Growth:
The not-for-profit cricket body has also seen a turnover of Rs 849.44 crore, a 46.13% jump over Rs 581.29 crore it reported in the year 2010-11. Mr Lalit Modi was partly responsible for the transformation of the finances of BCCI when he took over as the Vice President in Dec 2005 under the stewardship of Mr Sharad Pawar. He is the only person who added the fragrance of making money through corruption which belongs to only Government body. Pay cheque:
It is more than any of the Civil Service people and Scientists. Grade A: Retainership Fees Rs 1 crore per annum (which was 60 Lakhs per annum earlier) Grade C: Retainership Fees Rs 25 Lakh per annum (no change)
Grade B: Retainership Fees Rs 50 Lakh per annum (which was 40 Lakhs per annum earlier
Out of Cricket:
Hockey India is the governing body of field hockey in India. It was formed after Indian Hockey Federation was dismissed in 2008 by IOA. Many State bodies are not ready to accept Hockey India but the Federation of International Hockey (FIH) says that a democratic elected body is absolutely necessary for hosting 2010 Men's Hockey World Cup. This is a problem faced by Hockey India. A budding sports kid who is almost as tall as the bat he holds claims that some day he would be like "Tendulkar". Why not like "Ajit pal signh" or “Dhayan chand"? Few had heard of Yuvraj Walmiki till Hockey India made a disastrous mistake. In what is well known by now, HI announced a ‘reward’ of Rs 25,000 each for the members of the team that won the Asian Champions Trophy. The players rejected the paltry reward, following which the Sports Ministry and some state governments endeavoured to do damage control by offering reasonably decent cash prizes. It was during the course of such frantic fire-fighting that many heard of the ‘other’ Yuvraj, who is among the most talented hockey players the nation currently has. People may know about Yuvraj Singh but not about Yuvraj walmiki who leads the country to the victory of Team India to Asian Games in the same year where Our Cricketing Star Scored 6 sixes.The only point describes the difference is his Six Sixes was rewarded with 25 lakhs but National Game Pride winner with only 25,000. AITA:
We do have Sania Mirza, Leander Paes and Mahesh Bhupati bringing laurels to the country in the field of tennis.The crises in this adaptable game was increased in such a way to rise conflicts between two hopes of India and with the Board and finally got abonded from most prestigious Davis Cup. IOA:
It deals up with 42 sector of sports. After the arrest of its president Suresh Kalmadi; Vijay Kumar Malhotra was the acting president of the IOA up to 5, December, 2012. The current President and General Secretary of the IOA are Abhay Singh...