IOC Suspends Funding to Indian Olympic Association

The International Olympic Committee (IOC) has suspended all payments to the Indian Olympic Association (IOA) due to unresolved internal disputes and governance issues, primarily stemming from the failure of Treasurer Sahdev Yadav to submit necessary financial reports. This oversight, which has persisted despite multiple reminders, has resulted in the withholding of crucial Olympic Solidarity grants essential for athlete development and support. IOA President PT Usha has criticized Yadav for this negligence, warning that it jeopardizes financial resources for Indian athletes preparing for international competitions. The IOC has expressed concerns about the ongoing internal conflicts and emphasized the need for immediate governance reforms within the IOA. Usha is advocating for the ratification of a Chief Executive Officer's appointment and an expansion of administrative staff to enhance accountability. The situation highlights the urgent need for the IOA to stabilize its operations to regain funding and support for its athletes.