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News IPL 2015 contributed Rs 11.5 bn to India’s GDP, claims BCCI
Saturday 31-October-2015, 00:46,
IPL 2015 contributed Rs 11.5 bn to India’s GDP, claims BCCI
MUMBAI: The Board of Control for
Cricket in India (BCCI) has claimed
that the Indian Premier League (IPL)
2015 edition has contributed Rs 11.5
billion ($182 million) to India’s gross
domestic product (GDP), citing a
survey conducted by KPMG Sports
Advisory Group on the cricket board’s
behalf.
In 2015, the BCCI undertook an
assessment of the economic impact
generated by the IPL 2015 season on
the economy of India.
The board said that the IPL matches
directly affect the economy of India
in a variety of ways, with the key
stakeholder groups—namely
franchises, organisers and spectators
—contributing in various ways
through employment and purchase.
Comprising 60 matches over 44 match
days, the IPL was played at 13 host
venues in 12 cities across the country
attracting 1.71 million spectators.
The total economic output associated
with IPL matches in India for 2015 is
estimated at Rs 26.5 billion ($418
million). This is the aggregate value
of all transactions as a direct or
indirectly induced effect of the
economic activity of the 2015
matches. Hosting an IPL match also
adds value and revenue to the
economy of the state.
The 2015 season saw around 20 per
cent of attendees visiting from cities
other than the host city. Also notable
were international visitors primarily
from the UK, Australia and South
Africa.
The study also highlighted the impact
beyond economic impacts that are
generally measurable in financial
terms. The key benefits and
opportunities identified were as
follows—employment generation
across sectors; tourism development;
support of Tier II cities providing key
media exposure; and development of
cricket and sport participation across
India.
IPL chairman Rajeev Shukla said, “It
is inspiring to know that the IPL has
had such a positive impact on India’s
economy; the contribution of Rs 11.5
billion to India’s GDP through a 60-
day event is surely testament to the
tournament’s success. We look
forward to redefining these
benchmarks through the upcoming
seasons of the IPL and empowering
the nation’s economy through our
future endeavours.”
BCCI secretary Anurag Thakur added,
“KPMG’s economic impact study
highlighted not only the IPL’s
significant contribution to India’s
GDP but also the positive effect on
employment generation across various
sectors, tourism development, uplift
of the Tier II cities through media
exposure and development of cricket
and other sport participation across
India.”
http://www.televisionpost.com/news/ipl-2...aims-bcci/
ANIL G
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[-]
Tuesday 12-January-2016, 10:49,
RE: IPL 2015 contributed Rs 11.5 bn to India’s GDP, claims BCCI
After IPL scandal it reminded me of sanjay majrekar.. he said for Pakistan that Pakistan should be ban from int. cricket .. where is that hypocrite now.. with his logic IPL should be ban now.. At least a statement ..

Reference:

IPL 9 2016
[url=http://engvssl.t20worldcup-2016.com/pictures/] ENG vs SL T20 Cricket
Add Thank You Reply
Tuesday 12-January-2016, 10:50,
RE: IPL 2015 contributed Rs 11.5 bn to India’s GDP, claims BCCI
After IPL scandal it reminded me of sanjay majrekar.. he said for Pakistan that Pakistan should be ban from int. cricket .. where is that hypocrite now.. with his logic IPL should be ban now.. At least a statement ..

Reference:

IPL 9 2016
  ENG vs SL T20 Cricket

[url=http://www.ipl-online.in/]
Add Thank You Reply
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