A London-based charitable trust funded Laxmi Mittal and which has supported scores of Indian athletes has been dissolved after promoters bemoaned the chronic "disorganization" in the Indian sporting system.
The Mittal Champions Trust was founded in 2005 and spearheaded by the steel tycoon's son-in-law Amit Bhatia and Indian tennis legend Mahesh Bhupathi.
Since its' inception the Trust had spent nearly eight million pounds funding the development of non-mainstream sports in India and was said to have been instrumental in India's unprecedented success at the Beijing and London Olympics in sports such as shooting and wrestling.
The news of the Trust's' dissolution was confirmed by Mr Bhatia.
“We believe that we did our best to help athletes at Beijing 2008 and London 2012. It is now time to hand over the reins to others to continue with this wonderful initiative,” he said.
“The biggest challenge is to be able to support athletes in a way that makes a real difference. There is a lot of disorganisation within the Indian sporting system. The lack of planning within the government and federations makes it challenging to implement systems,” Bhatia added.
Abhinav Bindra, the shooter who won India's first ever individual Olympic gold at the 2008 Beijing Games and was one of forty athletes sponsored by the Trust, was full of praise for the work done by MCT: "MCT was an individual’s effort to support the athletes because of his passion for sport – a family thing. They introduced professionalism in the way we ran our sport and all of us benefited from it".
Reports say that the dissolution of the Trust will be felt as India prepares for the Commonwealth Games in Glasgow this summer and the Asian Games in late 2014.BLOG COMMENTS POWERED BY DISQUS