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The gist of the Board’s financial results

Here is the gist of the Board of Control for Cricket in India financial results after the AGM on Tuesday.
By HT Correspondent | Hindustan Times
UPDATED ON AUG 22, 2007 01:04 AM IST

Surplus: For 2006-07 is Rs. 232 Crores as against Rs. 33 Crores in 2005-06 and Rs. 5 Crores in 2004-05. The projected income over expenditure during 2007-08 is Rs. 229 Crores.

Gross income: Overall income for 2006-07 is Rs. 652 Crores as against Rs. 430 Crores in 05-06 and Rs. 210 Crores in 04-05. Projected income for 2007-08 is Rs. 862 Crores.

Infrastructure: Overall expenditure made by the Board and its affiliated units towards creation of infrastructure facilities amounts to Rs. 190 Crores over the last two years, where the Board has spent Rs. 95 Crores on creating these facilities. There are 11 associations who have completed stadiums or are in the process of completion. There are another 7 associations whose proposals are in the pipeline.

Platinum Jubilee Benevolent Scheme (monthly gratis): The Board has covered 850 players /umpires (international and domestic) under the Platinum Jubilee Benevolent Scheme. The total outflow per year for the scheme is around Rs. 15 Crores. This includes benefits to widows of Test cricketers.

Distribution to players: Distribution to international players during 2006-07 will be approximately Rs. 43 Crores as compared to Rs. 31 Crores in 2005-06 and Rs. 26 Crore in 2004-05. Projected distribution for 2007-08 is expected to be Rs. 55 Crores.

Umpire's solution: The Board is planning to video record all senior domestic tournaments at a total cost of Rs. 3 Crores as part of the umpire's solution, where the umpire's decision will be tagged and analysed. The Board has entered into a 3-year agreement with Cricket Australia for training and development of the umpires.

Archives and Museum: The Board is in the process of negotiating and collecting all archival materials to set up a state-of-the-art museum at a cost of Rs. 10 Crores.

Women's cricket: Expenditure on Women's cricket is around 6-7 Crores per year.

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