MUMBAI: The Mumbai Cricket Association (MCA) will create a Rs 500 cr corpus for grassroots cricket over the next decade, with maidan clubs, schools and colleges set to benefit from the interest generated by the fund.
The decision was taken at the MCA’s 87th AGM at the Wankhede Stadium on Friday. “For grassroots cricket, we have decided to allocate a corpus fund of Rs 500 cr, which was Rs 6 cr, then Rs 10 cr, then Rs 12 cr in the last three years. In the last AGM, we increased it to Rs 100 cr,” MCA president Ajinkya Naik said.
Naik added:
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