In recognition of the Punjabi University's performance in sports this year, the university syndicate has announced an increase in prize money up to Rs 5 lakhs for winners of international sporting events.
The decision came as a New Year bonanza to the sportspersons of the university, which won the Maulana Abul Kalam Azad (MAKA) trophy for the seventh time this year.
In the syndicate meeting held under the chairmanship of vice-chancellor Jaspal Singh on Tuesday, the university approved monetary assistance to sportspersons clinching the first four positions, as well as for participation, in international competitions such as the Olympics and world cups.
For events which are held once in four years such as world cups and Olympics, Singh said the university had increased cash awards for gold medallists to Rs 5 lakh from
Rs 1 lakh, Rs 4 lakhs from Rs 75,000 for silver medallists and Rs 3 lakh from Rs 60,000 for bronze medallists.
Those who came fourth will be given Rs 2 lakhs, and the award for participation is Rs 50,000, he said.
Similarly, winners in world events which are held once in two years, the winners will be awarded Rs 3 lakh, Rs 2 lakh, Rs 1 lakh and Rs 75,000 instead of the earlier Rs 1 lakh, Rs 75,000 and Rs 60,000, respectively.
Singh said the increment applied to winners and participants of Asian games, World University Games, Commonwealth Games, South Asian Games, Senior National Games, National Games, Federation Cup, Women's National Festivals and All-India Inter-University competitions.
He added that amounts and other benefits like travel and dearness allowances for coaches and managers had also been increased.
The syndicate also approved benefits like senior and selection grades to the coaches getting UGC scales working in the sports department.
The syndicate also gave its consent to establish the Gurmat Gyan Online Study Centre at Anhad Spiritual Centre in Winnipeg, Canada. It also approved the appointments of local coordinators of different chapters of the Punjabi University Alumni Association in Canada.