Punjab launches Sports Endowment Fund
LAHORE: Punjab’s top 200 athletes will receive monthly stipends ranging from Rs70,000 to Rs30,000 in three categories under the Sports Endowment Fund, provincial sports minister Faisal Khokar announced in a ceremony on Wednesday.
The platinum category will receive Rs70,000, gold Rs50,000 and silver Rs30,000.
The funds will support 14 sports, including hockey, badminton, swimming, table tennis, volleyball, karate, taekwondo, judo, athletics, weightlifting, squash, boxing, kabaddi and football.
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