New Delhi, July 24 -- The Boxing Federation of India (BFI) today announced a cash reward of Rs 17.5 lakh for the 17 Indian pugilists who won medals at the recent legs of the World Boxing Cup held in Brazil and Astana, Kazakhstan.

Under the scheme, each gold medallist will receive Rs 2 lakh, silver medallists Rs 1 lakh, and bronze winners Rs 50,000, as the federation looks to maintain momentum heading into the World Boxing Championships in Liverpool and the World Boxing Cup Finals, scheduled to be hosted in New Delhi later this year.

BFI President and Chairman of the Interim Committee, Ajay Singh, congratulated the athletes and said India's impressive performance, highlighted by 17 medals including four golds, has elevated the nation's sta...