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BCCI hit by cash crunch, no DA for West Indies, Ranji teams

The BCCI has been unable to pay West Indies and India women’s teams which played a limited-overs series this month as well as the Ranji Trophy teams due to the cash crunch caused by demonetisation.

cricket Updated: Nov 28, 2016 18:52 IST
Sanjjeev K Samyal
Sanjjeev K Samyal
Hindustan Times
demonetisation,bcci,west indies crickcet team
People stand in a queue outside the State Bank of India in New Delhi to exchange old Rs 500 and Rs. 1000 notes and withdraw money after the government announced demonetisation of the big notes early this month.(Arun Sharma/HT PHOTO)

In these times of cash crunch due to demonetisation, even the cash-rich Board of Control for Cricket in India is finding it difficult to meet basic payments.

The West Indies women’s team, which was here to play a limited-overs series this month, had to go through the tour without receiving their daily allowance from the host board, while the India team was also denied DA due to the withdrawal limit in banks.

The West Indies players were entitled to $50 (around ₹3,500) per day, while the Indian players are paid ₹6,500 per day.

The West Indies tour coincided with the government’s decision to abolish high denomination bank notes, which disrupted cash transactions in the country. The team was here for almost 20 days. All the matches, three one-dayers and T20Is each, were played at Vijayawada’s Andhra Cricket Association Cricket Ground.

A senior BCCI official expressed helplessness. “There’s a withdrawal limit of ₹24,000 per week from an account. Hence, we are not able to make cash payments. We will send the due amount to them (West Indies team) later,” he added.

The move has also affected the Ranji teams. With matches being played at neutral venues, all the teams are travelling across the country. However, they are restricted to room service once they reach their destinations. With an ATM withdrawal limit of ₹2,500 per day and ₹100 denomination notes hard to find, there’s limited cash to spend. “The teams are managing by asking their players to bill expenses to their hotel rooms,” said the BCCI member.

The decision to withdraw ₹500 and ₹1,000 notes has also hurt attendances at the venues of the India-England Test series.

First Published: Nov 28, 2016 18:52 IST