Mumbai: The Indian Cricket Board has decided to stage its planned Inter-Corporate tournament, restricted to 16 teams, this September and would hold a meeting with representatives of banks, public sector undertakings and other corporates within a month.
“The Inter-Corporate tournament would be a 50-over affair and will be held in September. This is basically to generate employment for 300 cricketers. All the players need to be given permanent employment and not placed on contracts,” said BCCI president Shashank Manohar on Wednesday.
“We have been approached by more than 16 teams,” said BCCI secretary N. Srinvasan.
The Board of Control for Cricket in India has already picked a six-member panel to oversee the tournament with its joint secretary Sanjay Jagdale at its helm.
The winners of the tournament would be richer by Rs10 million, the runners-up would receive Rs5 million and the semi finals Rs2.5 million each, as per the decision taken by the BCCI Working Committee at its previous sitting on 4 January.