Revised sports excellence awards to encourage athletes
THIMPHU (Kuensel/ANN) - The medalists of the 13th South Asian Games and the coaches will soon receive the Sports Excellence Awards (SEA) as per the revised SEA approved by the government on December 10.
SEA will be only given to the medal winners and record breakers at the Olympic, Asian and South Asian Games.
Bhutan Olympic Committee (BOC) officials said that only winners of the BOC recognised competitions will be awarded the incentives as per the revised rate.
“If the federations initiate and take their athletes to the international competitions, the medalist will be awarded incentives by their own federation.”
BOC officials said that athletes from different federations went for competitions which were not recognised by BOC and asked for incentives. “BOC cannot provide incentives for every competition due to budget constraint.”
BOC said that they have been giving incentives for the medalists since 1980s.
According to the BOC, SEA will be given to the athletes and not the respective federations and if the athletes break the games record, an additional 25 percent of the applicable award amount will be given.
The award-winning athletes have the mandate to pay all the liable taxes in accordance with the existing income tax rules and regulations. “The award for the coaches will be provided to the concerned accompanying head coach exclusive of the award amount received by the medal winners,” the BOC notification on SEA stated.
It also stated that, if an athlete won more than a medal, he or she would be provided medal incentive for the highest amount received. “The additional medals won by the same athlete will be eligible for receiving awards in percentage as per the order of the medal.”
In the individual Olympics, a gold medalist will get an incentive of Nu 5 million (US$ 70,422) followed by silver medalist and bronze medalist with Nu 4M (US$ 56,388) and Nu 3M (US$ 42,253) respectively. The coach will get Nu 750,000 (US$ 10,563) for gold and Nu 600,000 (US$ 8,450) for silver and Nu 450,000 (US$ 6,338) for bronze.
For team Olympics, the gold medalist will be awarded Nu 3M and the silver and bronze medalist with Nu 1.5M and Nu 1M individually. The reward for coaches is the same as that given to individual Olympics.
Those who win in individual categories at the Asian Games, Youth Olympic Games, and World Beach Games will get Nu 3M for gold, Nu 2M for silver and Nu 1M for bronze. The coach is entitled to avail Nu 450,000 for gold, Nu 300,000 for silver and Nu 150,000 for bronze.
In the team Asian Games, Youth Olympic Games, and World Beach Games, Nu 1.25M, Nu 1M and Nu 750,000 will be given individually to the medalists. The coach’s reward remains the same as that of individual Asian Games.
In the individual South Asian Games, Asian Youth Games, Asian Beach Games, South Asian Beach Games, Asian Indoor Martial Art Games and Children of Asian Games ( Summer and winter), the incentive of Nu 500,000 for gold followed by silver medalist and bronze medalist with Nu 300,000 and Nu 100,000 will be given. Coaches will get Nu 75,000 for gold and Nu 45,000 for silver and Nu 15,000 for bronze.
In the team South Asian Games, Asian Youth Games, Asian Beach Games, South Asian Beach Games, Asian Indoor Martial Art Games and Children of Asian Games, the medalists will be awarded Nu 200,000 for gold, Nu 100,000 for silver and Nu 50,000 for bronze individually. Coaches will get Nu 75,000 for gold and Nu 45,000 for silver and Nu 15,000 for bronze.
(1 US$ = Nu 71)