BCCI Full Form, Logo Explanation, Unknown Facts, Sponsor Details

BCCI Full Form: The Board of Control for Cricket in India is the governing body for cricket in India. The BCCI was formed in December 1928 as a society, registered under the Tamil Nadu Societies Registration Act.

Who is BCCI?

BCCI is an autonomous body and does not review any grants or fundings from the Sports Ministry of India. It is a consortium of state cricket associations, and the state associations select their representatives who in turn elect the BCCI Chief. BCCI headquarters is located at Wankhede Stadium in Mumbai, Maharashtra.

BCCI have three International Cricket teams that represent India in international cricket, that is India men’s national cricket team, India women’s national cricket team, and India national under-19 cricket team. The board organizes matches and does the scheduling for both teams.

BCCI is the richest cricket board in the world and is part of the ‘big three’ of international cricket along with Cricket Australia and England and Wales Cricket Board.

BCCI Logo

BCCI’s logo is derived from ‘Star of India’. According to Information Commissioner Sridhar Acharyulu, BCCI’s logo was designed by the British Raj in 1928. It is 90% similar to the Star of India sign.

BCCI Domestic Tournaments

The BCCI organises the following domestic cricket competitions:

BCCI Sponsors

Paytm is the title sponsor for all the bilateral series, which take place in India and for domestic championships such as Ranji Trophy, Vijay Hazare trophy, Sayyed Mushtaq Ali trophy, Irani trophy, Duleep trophy, and Deodhar trophy.

Paytm won the title sponsorship rights in 326.80 crore rupees for 2019–23. While Dream 11, Ambuja, and Hyundai are the official partners.

BCCI Net Worth

At the end of the 2019-20 financial year, the BCCI’s net worth was Rs.16,417.17 crore and at the close of the FY 2020-21, when Corona badly hit businesses and jobs all around, the Board broke fresh ground and crossed the Rs.18,000 crore mark, as per the 2020-21 balance sheet, accessed by NewsClick.

Of the BCCI’s net worth of Rs.18,011.84 crore, as at March 31, 2021, the ‘general fund’ was at Rs.4,329.57 crore, the ‘earmarked funds’ stood at Rs.3,558.20 crore, and ‘current liabilities and funds’ was Rs.10,124.07 crore.

Overall, in 2020-21 the BCCI earned an income of Rs.2,658.20 crore (the corresponding figure in 2019-20 was Rs.3,366.11 crore) and its expenditure was a mere Rs.808.06 crore (compared to Rs.2,176.77 crore the previous year).

While the BCCI earned Rs.707.91 crore less in 2020-21, its expenditure was also reduced massively.

In 2020, with US$405 million out of US$1,534 million, India had 26% share in the ICC FTP income disbursed to 10 Test-playing nations, while the England and Wales Cricket Board received US$139 million as the second-highest earner

BCCI Unknown Facts

• Grant Govan was the first president of the BCCI while Anthony De Mello was first secretary of the board.
• The BCCI created four grades for contracted players A+, A, B, C. The players who are in A+ grade get 7 crores rupees in a year. Players of A-grade get 5 crores, B grade’s players get 3 crores and C grade’s players receive 1 crore rupees in one year.
• BCCI give pension to the former domestic and international players who played for the country.
  • • INR 50,000 pension to the players who played more than 25 International Test match for the nation
    • INR 15,000 to the players who played Ranji trophy before the 1957- 1958 season.
    • BCCI gave one-time benefits to the domestic players who played more than 75 first-class matches.
    • For women’s cricketers, the board give INR 22,500 per month pension to the players who played 10 or more Tests for the country
    • INR 15,000 per month for players who played 5 to 9 Tests
• BCCI have a special anti-corruption unit, which have a responsibility to stop if there is any malpractice in Cricket in the nation. The unit investigates unlawful activities such as Betting, spot-fixing, Match-fixing, and corrupt approaches of the players.
• On 12 September 2006, BCCI announced that it will spend INR 1,600 crores over the subsequent one year to upgrade the cricket stadiums around the country.
• In March 2020, BCCI President Sourav Ganguly donated INR 51 crores to the PM CARES Fund to combat the COVID-19 pandemic in India. BCCI to donate 10-liter 2000 oxygen concentrators to help India fight COVID-19.
• BCCI announced rewards to the medal winners of the country of the Tokyo Olympics 2020.