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India
The Board of Control for Cricket in India decided to bid for the upcoming three global events. The verdict was taken at BCCI's Emergent Apex Council meeting, which was held virtually. According to sources, the Indian cricket board will try to secure the hosting rights for the ICC Champions Trophy 2025, ICC T20 World Cup 2028, and ICC Cricket World Cup 2031. The International Cricket Council has decided that the 50-over ICC World Cup will be a 14-team event from the next cycle. On the other end, the T20 World Cup's teams are going to be expanded from 16 to 20.
India is the host of the forthcoming T20 World Cup that is scheduled to occur in October-November. However, it is not yet confirmed that the mega event will take place in India or not. It is most likely that the forthcoming ICC T20 World Cup will be held in the UAE. The decision might be taken, keeping into consideration the surge in COVID-19 cases in India. Despite all this, the country is also slated to host the 2023 ODI World Cup.
BCCI to support the Indian Olympic Association by donating ₹10 crore
Apart from the ICC events, BCCI has decided to support the Indian Contingent for the Tokyo Olympics financially. BCCI has decided to support the Indian Olympic Association by donating a whopping amount of ₹10 crores. This amount will help all the athletes participating in the Olympics, which will commence on July 23. The governing body for cricket in India has wished luck to all Indian athletes. They have hoped that the Indian Contingent would return with more medals than ever before.
The BCCI has also stated that a 10-member panel is going to be formed for Ranji Trophy compensation. The officials will form the committee to decide on the modalities of settlement for the domestic players. All the Ranji Trophy players currently get paid Rs 1.40 lakh per match as match fees. On the other hand, an excellent domestic cricketer who plays all three formats of the game without the IPL makes around 20 lakh per annum which wasn't possible last season. This year only two domestic tournaments, the Syed Mushtaq Ali T20 trophy, and Vijay Hazare One Day Trophy were held. In these two competitions, the match fee for first-team players was Rs 35,000 per game.