India Chess Star Slams Ministry's Decision To Stop Cash Rewards For Grandmasters, Says "Demotivating..."
Indian Grandmaster Arjun Erigaisi believes the government's recent decision to stop cash rewards for attaining GM and International Master titles is "not ideal" for the parents of chess players as such incentives ease the financial strain on them. Starting this month, the sports ministry has eliminated the reward system for chess players, who were earlier receiving Rs four lakh for achieving a Grandmaster title and Rs 1.5 lakh for attaining an International Master or International Women Master (IWM) title. Prize money will now only be given for winning world-level competitions.
