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Odisha Cabinet approves extension of sponsorship settlement of Indian Hockey Teams from 2023 to 2033

Bhubaneswar (Odisha) [India], April 24 (ANI): Odisha Cabinet on Monday authorised the extension of the sponsorship settlement of Indian Hockey Teams for 10 years from 2023 to 2033.

The State Cabinet headed by Chief Minister Naveen Patnaik authorised the proposal for the extension of the sponsorship settlement of each the Men and Women Indian National Hockey Teams (Senior and Junior) for an extra interval typically 10 years i.e., from 2023 to 2033.

The authorities of Odisha have been the official sponsor of each the Men’s and Women’s National Hockey Teams since 2018. This help goes to be a big step in direction of the expansion and improvement of Hockey in India.

Earlier, Odisha Mining Corporation Ltd. (OMC) had entered into an settlement with Hockey India, after due Government approval, for sponsorship of the Indian Hockey Teams (Men/Women, Senior/Junior) for a interval of 5 years from 2018 to 2023. Based on a request from President Hockey India for an extension of the Agreement, OMC Ltd. had sought approval from the Government which obtained the Cabinet nod on Monday.

OMC has now dedicated to the sponsor for an extra interval of ten years i.e., from February 1, 2023, to January 31, 2033, and a complete quantity of Rs. 434.12 crores (excluding relevant taxes) will probably be launched by OMC to Hockey India throughout this era.

The authorities of Odisha have been a key promoter of the game of Hockey and the State’s partnership with Hockey India has performed an important position within the revival of the game within the nation. The achievements by each the Teams on the Tokyo Olympics the place the Men’s Team gained a bronze medal after 41 years and the Women’s crew reached the semi-finals for the primary time have been important realisations.

Hockey, is a broadly in style sport among the many youth in Odisha, with this resolution, Government goals to supply an extra increase to the game and entice extra younger gamers in direction of the game, which can assist in the creation of a robust pipeline of expertise within the State. Further, there will probably be a consolidation of the model visibility of “Odisha” as a “Global hub for Hockey”, thereby contributing to the game, enterprise, and tourism sector within the State. India has a wealthy hockey legacy. With the help of the Odisha Government, Hockey India can construct on this legacy and assist the nation regain its place as a hockey powerhouse. (ANI)

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