Mumbai, Mar 24 (PTI) Laying to rest speculation that the Commonwealth Games (CWG) 2010 budget has overshot, CWG Director General V K Verma today said that the entire estimated cost of the games was Rs 10,000-crore.
"The (speculated) CWG cost is a myth. The entire cost of the Games is Rs 10,000 crore, which is USD 2 billion as compared to the USD 28 billion spent by China during the (Beijing) Olympics," Verma said addressing a gathering at the India International Sports Summit here today.
Out of the Rs 10,000-crore while Rs 2,000-crore will be spent on hospitality, the rest of the money would be spent on building infrastructure like flyovers and stadiums, which is there to last, he said.
Verma said that if India expects to host the Olympics in the near future, they should start laying the platform from now.
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