World Athletics introduces $50,000 prize money for Paris 2024 Olympic gold medalists

World Athletics introduces $50,000 prize money for Paris 2024 Olympic gold medalists

Daily Current Affairs   /   World Athletics introduces $50,000 prize money for Paris 2024 Olympic gold medalists

Change Language English Hindi

Category : Sports Published on: April 15 2024

Share on facebook
  • World Athletics will award $50,000 cash prize to gold-winning track and field athletes at the Paris Olympics 2024.
  • This marks the first instance of an international sports governing body offering prize money to Olympic gold medalists.
  • A prize pot of $2.4 million, sourced from the IOC's revenue share allocation, will fund the awards.
  • The initiative aims to recognize athletes' contributions and empower them, according to World Athletics President Sebastian Coe.
  • World Athletics plans to extend the bonus initiative to silver and bronze medalists at the Los Angeles 2028 Olympic Games.
Recent Post's
  • India served as the premier Country Partner at Gulfood 2026, showcasing over 600 companies to solidify its role as a global "food basket.

    Read More....
  • Observed on January 26, the 2026 theme focuses on the vital role of customs in securing global supply chains and combating cross-border crime.

    Read More....
  • The production Passado Presente Zenturo is set to make its international debut at India’s Bharat Rang Mahotsav and Russia’s GITIS FEST in February 2026.

    Read More....
  • The Ministry of Ayush’s parade tableau highlighted the integration of traditional medicine with modern technology under the theme "Ayush ka Tantra, Swasthya ka Mantra."

    Read More....
  • The Indian Navy’s First Training Squadron arrived in Thailand to strengthen regional maritime cooperation as part of the ASEAN–India Year of Maritime Cooperation.

    Read More....
  • The discovery of Neolithic relics in Lakkundi, Karnataka, has bolstered the site’s bid for UNESCO World Heritage status.

    Read More....
  • Researchers discovered a new flowering plant, Strobilanthes riteshii, in the biodiversity-rich East Kameng district of Arunachal Pradesh.

    Read More....
  • NPCI and NTT Data have partnered to launch UPI payment trials in Japan during fiscal year 2026 to facilitate seamless cross-border digital transactions.

    Read More....
  • 92-year-old Kerala activist Kollakkayil Devaki Amma was honored with the Padma Shri for her decades-long effort in creating a massive green sanctuary on barren land.

    Read More....
  • India has been ranked as the world’s sixth-largest pineapple producer, with Indonesia leading the global market.

    Read More....