BCCI Full Form: The Board of Control for Cricket in India (BCCI) is India’s governing organization for cricket, and it is overseen by the Ministry of Youth Affairs and Sports of the Indian government.
The board was established as a society in December 1928, under the Tamil Nadu Societies Registration Act.
t is made up of state cricket associations, who elect their delegates, who then elect the BCCI Chief. Its headquarters are in Mumbai’s Wankhede Stadium. Its first president was Grant Govan, and its first secretary was Anthony De Mello.
BCCI Full Form and India Cricket team history?
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BCCI Full Form Board of Control for Cricket in India The Indian cricket team has a long and illustrious history.
In 1912, the Maharaja of Patiala financed and captained the first all-India cricket team to tour England.
Two Calcutta Cricket Club delegates travelled to London in 1926 to attend meetings of the Imperial Cricket Conference, the forerunner to the current International Cricket Council.
Despite the fact that they were not an official representation of Indian cricket, Lord Harris, the conference’s chairman, allowed them to participate.
The MCC decided to send a team to India, commanded by Arthur Gilligan, who had captained England in the Ashes, as a result of the conference.
Gilligan promised the Maharaja of Patiala and others at a meeting that if all the promoters of the game in the country got together to form a single controlling body, he would push for its inclusion in the ICC.
Delegates from Patiala, Delhi, United Provinces, Rajputana, Alwar, Bhopal, Gwalior, Baroda, Kathiawar, Central Provinces, Sindh, and Punjab attended a meeting in Delhi on November 21, 1927.
Which was attended by delegates from Patiala, Delhi, United Provinces, Rajputana, Alwar, Bhopal, Gwalior, Baroda, Kathiawar, Central Provinces, Sindh, On December 10 1927, a unanimous decision was made to constitute a provisional board of control for cricket in India.
The BCCI was established in December 1928 under the Tamil Nadu Societies Registration Act, with six associated associations. Its first president was R E Grant Govan, and its first secretary was Anthony de Mello. [4] In 1932, an Indian cricket team visited England.
Committee on Administrators Reforms 2017
With the growth of cricket in India, the BCCI has been chastised for its monopolistic policies and has been accused of corruption.
On January 30, 2017, the Supreme Court-appointed a four-member panel of administrators, including Vinod Rai, Ramachandra Guha, Vikaram Limaye, and Diana Edulji, to oversee the BCCI’s administration in order to execute the Lodha Committee recommendations.
Vinod Rai, India’s ex-CAG, is the Chairman of a four-member panel tasked with overseeing the board’s administrative functions until new elections are called. Sourav Ganguly is the current president of the BCCI.
On August 9, 2019, the BCCI decided to follow the National Anti-Doping Agency’s anti-doping protocols.
The Cricket Advisory Committee (CAC) of the BCCI has selected Sunil Joshi, a former Indian cricket team spinner, as Chairman of the national selection panel, succeeding MSK Prasad.
As the world’s wealthiest board, it has a lot of clout.
BCCI is a private organisation that does not receive funding from the Indian government.
India had a 26 per cent share of the ICC FTP money awarded to 10 Test-playing nations in 2020, with US$405 million out of US$1,534 million, while the ECB received US$139 million as the second-largest earner.
After the global economic downturn and most boards’ considerably reduced income owing to the COVID-19 pandemic, the ICC will rejig its FTP in 2020 to arrange more bilateral matches between other nations and India in order to recover the financial health of other boards.
Control over ICC | BCCI Full Form
BCCI Full Form Board of Control for Cricket in India. The BCCI is widely recognised as cricket’s most important financial player.
The ICC is primarily governed by a board of directors elected by each member board. For high media rights value, every member board requires bilateral matches with BCCI.
Those boards who collaborate with BCCI receive a large number of bilateral matches, resulting in substantial revenue during bilateral series. They usually collaborate with BCCI at the ICC. The ICC and BCCI were at odds over the WADA Whereabouts provision in 2009.
Total annual earnings
The BCCI is expected to earn over INR 3,730 crore (US$535 million) in FY 2019–2020, including INR 2,500 crore (US$345 million) from the IPL, INR 950 crore (US$139 million) from bilateral cricket with other countries, and INR 380 crore (US$51 million per year or total US$405 million for eight years) from India’s share of ICC revenue.
ICC profit-sharing
According to the current eight-year Future Tours Program (FTP), India will receive a total of US$405 million from the ICC in 2020, compared to ECB’s US$139 million, Cricket Australia, Cricket South Africa, Pakistan Cricket Board, New Zealand Cricket, Sri Lanka Cricket, Cricket West Indies, and Bangladesh Cricket Board’s US$128 million, and Zimbabwe’s US$94 million.
Rights of the media
Star India has been given global media rights to the IPL for a fee of 16,347.5 crores (US$2.2 billion) from 2018 to 2022.
Zee Telefilms was given the media rights to 25 neutral location one-day matches to be played over the next five years for $219.16 million in 2010.
Sponsorship privileges
Nike was awarded the official kit sponsorship rights for five years, from 2016 to 2020, for a total of 370 crores (US$49 million).
BYJU’S had previously become the official Indian cricket team sponsor for a four-year period at the cost of Rs 1,079 crore (US$140 million). Under this sponsorship contract, BCCI earns INR 60 crore (a little less than US$8 million) for each home match.
Infrastructure development in cricket
The BCCI declared on September 12, 2006, that it would invest Rs. 1,600 crore over the next year to improve cricket stadiums around the country.
Donations
BCCI President Sourav Ganguly donated Rs. 51 crore to the PM CARES Fund to fight the COVID-19 outbreak in India in March 2020.
BCCI will donate ten 10-litre oxygen concentrators to India to aid in the fight against COVID-19.
Payment of taxes
In 2018, the total amount of tax due as of April 1, 2018, was cleared together with interest in September 2018, yet the Department of Revenue has issued a notice to the BCCI for tax evasion.
According to the information given by the Finance Ministry in Parliament in February 2019, the Department of Revenue has asked the BCCI to pay another unpaid income tax of Rs 1,303 crore.
Earlier in 2007–08, despite the withdrawal of this exemption by the Income Tax Department, BCCI only paid tax of 41.9 crores (US$5.6 million) against a tax burden of 413 crores (US$55 million) in the 2009–2010 financial year.
BCCI was able to avoid paying taxes on its earnings in 2012 by claiming exemption as a charitable organization.
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