Rs 1,620 crore for CWG

NEW DELHI, Nov 5: Hit by delays and escalating cost of infrastructure, the 2010 Commonwealth Games received a massive budgetary boost on Thursday with the central government allocating Rs 1620 crore as loan to the organising committee of the event. “The Union Cabinet approved the proposal of Ministry of Youth Affairs and Sports for providing a revised budget of Rs 1620 crore, as loan to the organising committee Commonwealth Games 2010, at the prevailing government rate of interest, for organising the CWG at Delhi during October 3 to 14. Budget approved earlier was Rs 767 crore,” Information and Broadcasting Minister Ambika Soni told reporters after the cabinet meeting. Elaborating on the reasons for the budgetary hike, she said rising cost of opening and closing ceremonies, the increase in the number of days for Queen’s Baton Relay — from 136 to 240 days for international leg and from 60 to 100 days for domestic leg — were among the reasons that forced the increased allocation. “Inclusion of new items that are essential for the successful delivery of the Games but were not provided in the initial budget of the OC, namely accreditation, city operations, sponsorship and TV rights, security, sustainability and environment and ticketing,” she said. Cost escalation in respect of accommodation, catering, protocol and CGF relations, Queen's Baton Relay, rent for office of OC, communication, image and look technology, risk management, insurance and technical conduct of sports were also listed as reasons for budgetary hike. (PTI)