Boxing stalwarts anticipate pensions for two years, sports ministry says coming via this month

NEW DELHI: Some of India’s most executed boxers, including the game’s countrywide observer Akhil Kumar and the previous Asian champion M Suranjoy Singh, are still to get their pensions due when you consider that 2017 however the sports activities ministry says their wait will stop this month as the needful funds had been procured.
Akhil, a 2006 Commonwealth Games gold-medallist, and Suranjoy, winner of an mind-blowing 8 consecutive international gold medals before knee harm snapped his career quick, are many of the boxers looking ahead to their pensions to be launched.
“I implemented in 2017, have sent reminders as well but every time the response has been ‘it’s in technique’. I don’t know what is the trouble,” Suranjoy, who is entitled to Rs 14,000 in keeping with a month for his gold medals inside the 2010 CWG and the 2009 Asian Championships, advised PTI.

A ministry official, on the circumstance of anonymity, mentioned the inexplicable put off however stated the technique of getting the budget is now complete and the cash will be launched this month.
“The Ministry needed to give a corpus of Rs five crore to LIC, which was to launch the pension to these boxers. The budget was awaited from the finance ministry and the complete manner became completed handiest remaining month. But March is the end of the financial year, we were recommended with the aid of the finance ministry to release the cash most effective this month,” the official stated.
“The cash is now in place and the LIC will begin the disbursement this month. There are other boxers too other than these, who are entitled to a pension. All of them gets their dues this month,” he added.
When contacted, Akhil, also a World Cup bronze-medallist, refused to touch upon the problem.
Among different boxers to have carried out for the pension are Jitender Kumar, a 2006 CWG bronze-medallist, and 2002 world championships bronze-medallist lady pugilist Jyotsana.
“There are others as well. Hopefully, they may get their dues. Whenever we’ve got approached the ministry with a query in this, we have been informed that the ones entitled could be duly paid their arrears too, so there may be nothing to worry,” a Boxing Federation of India reliable said.
As in line with the authorities, a pension scheme for meritorious sportspersons, the medallists on the Olympics and Paralympics are entitled to Rs 20,000 in line with the month.
Gold-winners on the World Cup or World Championships, held every four years, are to be paid Rs 16,000 at the same time as gold medals won inside the Commonwealth and Asian Games make an athlete eligible for Rs 14,000 in line with the month.
To observe for the pension, athletes ought to be above 30 years of age and retired from energetic participation.
The pension bills are made via Life Insurance Corporation of India. The Ministry purchases annuities for individual pensioners by making the one-time lump-sum price to LIC.

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