Having severed ties with the Indian cricket board, Sahara said that it would put in Rs 1000 crore in a welfare foundation.
“We are very happy to take a decision that the cricket money will be diverted to social work. We are declaring to put immediately Rs. 500 crore in Sahara Welfare Foundation, which will be run with the association of eminent persons of our country. For the programme as mentioned below, Sahara declares to put around Rs. 500 crore more in the next 1—2 years as per the need of all the programmes,” the group said.
“We are working on various programmes including financial implications etc since we have taken this decision after continuous persuasion with the BCCI failed, meaning on the February 2, 2012. But we waited upto the auction day that our request to BCCI would be accepted. But again, there was no natural justice.”
Sahara said it would develop “20 Rural/Semi Urban Sports Promotional Centres including Rural/Semi Urban Cricket promotional Centres. Centres will have diversified sports disciplines viz. cricket, hockey, soccer, formula1, tennis, golf, wrestling, boxing etc. One international standard sports academy shall immediately be developed at one point in India.”
Comments: 1