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Bonanza for BCCI affiliated State units
Mumbai, AUG 14 (Agencies):
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Published on 14 Aug. 2009 11:18 PM IST
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The Board of Control for Cricket in India at the working committee meeting here on Thursday said that its 25 State units would receive around Rs. 20 crore each for fiscal year 2008-09 as their share from the annual television subsidy and money earmarked from the IPL-II held in South Africa. They were also informed that should all the international engagements be held in the 2009-10 fiscal year, the associations were likely to receive between Rs. 24 and Rs. 28 crore. The BCCI has already disbursed Rs. 100 crore (Rs. 4 crore to each of the 25 State units) as advance against TV subsidy. In the coming months and after its 80th AGM there in the last week of September, the BCCI will remit the balance amount of around Rs. 500 crore. “The sum would have been much more, but there was a revenue shortfall of Rs.59 crore because of the cancellation of the Pakistan tour and the curtailment of the England tour,” said Rajiv Shukla, Chairman of the Finance Committee, BCCI. The Champions League T20 was also cancelled after the terrorist attack in Mumbai. Last year the 25-member units received a sum between Rs. 14 and 18 crore from the TV subsidy alone, with Karnataka State Cricket Association (KSCA) receiving a maximum of Rs. 18.60 crore. In addition they received around. Rs.8 crore each from the IPL-I revenue.

 
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