National contracts and cash rewards for top players in AICF's ₹65 crore blueprint
Hindustan TimesThe All India Chess Federation in its general body meeting, rolled out an eye-popping ₹65 crore budget and blueprint 'for providing financial and institutional support to pro and grassroots level players' and to popularise chess and take the game to every Indian household. The key initiatives outlined include: National player contracts: AICF will introduce two-year contracts for national-level players from U-7 to U-19 age groups, disbursing funds ranging from ₹20,000 to ₹50,000. Supporting state associations: AICF will commit across three years — Year 1: 12,50,000; Year 2: 12,50,000; Year 3: 15,00,000 — with assistance allocated for prize money, chess development activities, and establishing offices. National Chess Awards and Development Conference: To honor exceptional coaches and players and concurrently bring together industry leaders and universities to advance chess through strategic workshops and discussions, recognizing significant contributions to both the game and societal development.