Sunday, September 20, 2020
Home Lead Story International Gymnastics Federation Sets Up Solidarity Fund for Athletes

International Gymnastics Federation Sets Up Solidarity Fund for Athletes

Upto $412,000 funds will be provided to athletes

The International Gymnastics Federation (FIG) has said that a solidarity fund will be set up to support athletes affected by the COVID-19 pandemic as suggseted by the Latest World News.

The special fund will be managed by the FIG Foundation for Solidarity. Up to 400,000 Swiss Francs ($412,000) will be provided to athletes and national gymnastics federations who have been severely hit by the economic repercussions of the crisis which has claimed more than 3 lakh lives across the world thus far.

FIG President Morinari Watanabe called the initiative “a valuable example of solidarity and friendship” in the sport when presenting it at the FIG Executive Committee videoconference meeting on Friday.

gymnastics
“We know how strong the spirit of solidarity is in gymnastics. More than ever, it is by being united that we can overcome this crisis.”, said FIG President Morinari Watanabe. Wikimedia Commons

“This grave crisis plunges the world into a period of uncertainty. We cannot wait until the situation for some of us becomes catastrophic before we act and offer our support,” said Watanabe.

Read More: International Gymnastics Federation Sets Up Solidarity Fund for Athletes

“We know how strong the spirit of solidarity is in gymnastics. More than ever, it is by being united that we can overcome this crisis.”

In addition, FIG also decided to exempt all its member federations from paying their annual membership fees for 2020. (IANS)

STAY CONNECTED

19,152FansLike
362FollowersFollow
1,772FollowersFollow

Most Popular

Homemade Masks Effective At Blocking Droplets By Speaking, Coughing And Sneezing

Masks made with common household fabrics help prevent the spread of viruses like Covid-19 as researchers have found that they are considerably effective at...

Get Flu Shot to Avoid Having Covid and Flu Simultaneously

Health officials are warning the public to get a flu shot this year to avoid having to deal with COVID-19 and the flu simultaneously. Both...

India Couture Week Was Digital, Virtual And Democratic

It wasn't the familiar setting of the ballroom at the Taj Palace Hotel in the Capital, neither was it the familiar parade of 'shaadi'...

India’s Top Film Industry is Telugu Film Industry: Kangana Ranaut

Actress Kangana Ranaut says she wants film industries of different states to have a collective identity, and claims she wants to save the industry...

Planning a Road trip From Delhi? Here are 5 Must-Visit Destinations

By Siddhi Jain As several countries announced nationwide lockdowns in an effort to flatten the curve and break the chain, the coronavirus jolted the entire...

Top 10 Must Visit Places In Himachal Pradesh, India

Himachal Pradesh, in India, is a picture-perfect state that impresses tourists with scenic hill stations, quaint villages, snow-covered mountains, lush valleys, diverse flora and fauna,...

Here Is the Kind of Internet Connection That You Need for Your Browsing

For household and commercial use, everyone is looking out for the best internet connection. The internet has immensely evolved with time, and a need...

Here’s How Dinosaurs Caused Mammals to Develop Night Vision

By JoEllen McBride When dinosaurs ruled the earth, life was tough for our mammalian ancestors. So they learned to hunker down during the day and...

Recent Comments

Donate to NewsGram to support quality journalism.
x