How Much Money Did India's Chess Olympiad 2024 Winning Teams Receive After Clinching Double Gold Medal at Budapest? Check Details

Indian men's and women's chess teams created history in Budapest during the 45th Chess Olympiad in 2024 as they won the gold medals in the men's open section and the women's team event. From a total of 7,752 games played by 1,870 players across 11 rounds over 13 days, it was a watershed moment as with the win, India emerged as the new powerhouse of world chess, challenging the dominance of USA and Eastern Europe. India, Uzbekistan, China, Armenia, and Azerbaijan secured positions in top eight and top seven of open section and the women's section respectively, proving the rise of central Asia in World Chess map with India leading the charge. AICF Announces INR 3.2 Crore Cash Prize for India's Chess Olympiad 2024 Gold Medal-Winning Teams.

Coming in as the second seed after USA, the quintet of D. Gukesh, Arjun Erigaisi, R. Praggnanandhaa, Vidit Gujrathi and Pentala Harikrishna dominated the proceedings, winning 10 of its 11 rounds with only one draw, which was against defending champion Uzbekistan in the third-last round. In the women's section it was Divya Deshmukh and Vantika Agrawal leading the charge doing the heavy lifting alongside R. Vaishali, Harika Dronavalli and Tani Sachdev, ensuring India’s double delight in both sections. The duo  of Divya and Vantika accounted for 14 of the team’s total 23 wins, earning individual gold medals on Boards 3 and 4.

Due to the unprecedented success achieved by both men's and women's chess teams of India, they received a lot of love from fans across the nation and also had the opportunity to meet and have conversation with Indian Prime Minister Narendra Modi. They were also promised a lot of cash rewards from several authorities. Fans eager to know how much cash rewards the Indian chess team and the coaches received will get the entire information here.

Cash Rewards Received By Chess Olympiad 2024 Winning Indian Chess Team

The Sports Authority of India has awarded Rs. 20,00,000 to each of the players in the Indian Open and Women's Team. The Chief Minister of Tamil Nadu, M.K. Stalin felicitated and awarded Rs. 25,00,000 to Gukesh, Praggnanandhaa, and Vaishali each. The team captain Srinath Narayanan was awarded Rs. 15,00,000. The All-India Chess Federation felicitated the Indian Open and Women's Teams in New Delhi. India, Pakistan Chess Teams Pose With Indian Flag Following Chess Olympiad 2024; Video Goes Viral.

All the players from both teams will be awarded Rs. 25 Lakhs each. The Team Captains Srinath Narayanan and Abhijit Kunte will receive Rs. 15 Lakhs each, and the Assistant coaches/seconds from each team - Sankalp Gupta, Vaibhav Suri, Swayams Mishra, and Arjun Kalyan will receive Rs. 7.5 Lakhs. The Head of the Indian delegation, Dibyendu Barua will be awarded Rs. 10 Lakhs. The total outlay by AICF for this achievement was a massive Rs.3.2 crores.

(The above story first appeared on LatestLY on Sep 27, 2024 04:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).