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Prize Money
Prize Money
It was yet another milestone in the history of the Jawaharlal Nehru Hockey Tournament Society when it introduced Prize Money in the Sub-Junior (under 15 years), the Junior (under 17 years) and the Senior Nehru Hockey Tournaments from the year 1987. The Prize Money Scheme has helped greatly in providing incentives to the teams and also in generating greater interest for the game of Hockey. The Society is indeed grateful to Late Shri R.K. Jaichandra Singh, the then Minister of Chemicals and Petrochemicals for arranging handsome Prize Money through Public Sector Undertakings- the Hindustan Organic Chemicals Ltd. (for Junior Tournament) and the Hindustan Antibiotics Ltd. (for Sub-Junior Tournament) of the value of Rs. 2.31 Lacs for each tournament. M/s H.O.C. and the Life Insurance Corporation of India even contributed Rs. 17.12 Lacs & Rs. 10.00 Lacs respectively to serve as a corpus for the Prize Money in the Junior and Senior tournament respectively.

Later on, the Prize Money was introduced in the Champion College Tournament from 1993 and in the Girls Tournament from 1994.

Earlier, the prize money in the Junior tournaments was distributed between the institutions and the players on 50:50 basis. However, from the year 2002 the entire Prize Money is now being awarded only to the players. The distribution being:
1. Winners @ Rs. 6000/- per player Rs. 96,000/-
2. Runners-up @ Rs. 4000/- per player Rs. 64,000/-
3. Third Position @ Rs. 2000/- per player Rs. 32,000/-
The Coaches of the winning team, the runners-up team and the third position team are also given special award of Rs. 8,000/-, rs. 5,000/- and Rs. 3,000/- respectively. The promising teams spotted in the Junior Tournaments are also given a special prize of rs. 25,000/- each to help them in improving their infrastructure.

In the main open tournament, the society started with a prize money of Rs. 1.00 lac in 1987. The amount was raised to Rs. 2.50 lacs in the year 2000. In the year 2003 as a part of “40th year Celebrations”, it was raised to Rs. 5.00 Lacs. In the year 2004, Prize Money of Rs. 3.50 Lacs was awarded. Winning team got Rs. 2.00 Lacs, the runners up team Rs. 1,00 Lac and the third position team Rs. 0.50 lac.

M/s Pepsi Food Ltd. have been sponsoring award of the prize money of Rs. 10,000/- to a team scoring the maximum number of goals through the penalty corners in each of the five tournaments. In order to focus special attention to this important aspect of the game, M/s. pepsi foods Ltd. have agreed to raise this prize money to Rs.20,000/-from the year 2005.

Prize Money of Rs. 10,000/- has been introduced in the Senior Tournament for the best team from the Service in memory of late Lt. Gen. Harbaksh Singh.

The Prize Money in all the tournaments is treated as special diet money for the players / coaches.
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