No cash rewards for GM, IM not ideal: Erigaisi

Arjun Erigaisi

Indian Grandmaster Arjun Erigaisi believes the government's recent decision to stop cash rewards for attaining the titles of Grandmaster and International Master is ‘not ideal.'

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Earlier this month, the sports ministry had eliminated the reward system for players, who were receiving Rs 4 lakh for achieving a GM title and Rs 1.5 lakh for an IM title. Cash will now only be given for winning world-level competitions. "It is maybe [demotivating] for the parents. When they have to make some financial calls. It's not something ideal," Erigaisi said.

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