Photo: ReutersMumbai: The Board of Control for Cricket in India (BCCI) made a surplus of Rs111.83 crore in fiscal 2016, a fall of over Rs55 crore compared to the preceding fiscal, its treasurer Anirudh Chaudhry said. “In the year under consideration, the surplus of income over expenditure was Rs111.83 crore as against Rs166.87 crore in the earlier year,” Chaudhry said in the BCCI’s annual report for 2015-16. In the current fiscal (2016-17), the budgeted surplus was estimated at Rs509.13 crore, according to the BCCI treasurer. Receipts from International Cricket Council/Asian Cricket Council’s share of distribution/participation fees were pegged at Rs163.11 crore as against Rs54.15 crore in the previous year. The BCCI has increased infrastructure subsidy to its affiliated units from Rs50 crore to Rs60 crore, he said.

Source: Mint September 23, 2016 14:48 UTC