Appointment of IOA CEO to be ratified by EC, announcement likely on Thursday
The warring EC members had refused to ratify Iyer's appointment made by Usha in January 2024, the bone of contention being the Rs 20 lakh per month salary for the CEO, along with other perks.
A stormy Executive Council meeting in September 2024, which was virtually attended by an official of the International Olympic Committee (IOC), had failed to break the impasse.
It has been learnt that a rapprochement is set to take place on the prodding of the sports ministry.
'The EC members have agreed to ratify Iyer's appointment and it's likely to be announced on Thursday," a source privy to the development told PTI.
The warring EC members are meeting informally on Wednesday evening. A press meet has been called on Thursday, in which Usha and most of the EC members will be present.
'There will have to be at least a working relationships (between Usha and warring EC members), so a rapprochement process has started," an Executive Council member said.
'We are doing it for the good of Indian sport, especially in view of the fact that we are hoping to host the 2036 Olympics." There has been no Executive Council meeting since September 2024 and no Annual General Body Meeting since March 2023.
After PT Usha's election as chief, the IOA took a long time to appoint a CEO mandated under the constitution. The process began only after the IOC's repeated warnings. But when the appointment was made, 12 EC members refused to ratify Iyer for the post.
Usha had said that Iyer has been working without pay as his appointment is yet to be ratified by the EC.
There have been allegations and counter-allegations from both the sides and the EC members even notified a no confidence motion against Usha last year only to be dropped later.
The to-and-fro from the two sides, though, reduced after India submitted a formal expression of interest for hosting the 2036 Olympics towards the end of last year.
India is currently in the 'continuous dialogue process" with the Future Host Commission of the IOC, despite a 'pause" on the process announced last month by the world body. PTI PDS AT AT AT
view comments
First Published:
July 23, 2025, 18:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
18 minutes ago
- Economic Times
'Seize this moment': Anand Mahindra advises India to do a 1991-like 'Manthan' to find economic 'Amrit' amid Trump tariffs
Anand Mahindra suggests India should respond to US tariffs with economic reforms. He compares the situation to the 1991 crisis. Mahindra urges focus on investment and ease of business. He recommends single-window clearances and better infrastructure. Faster visa approvals are needed to boost tourism. Reforms in MSMEs and manufacturing are also essential. Mahindra emphasizes making India greater than ever. Tired of too many ads? Remove Ads Manthan' for 'Amrit' 'Unintended consequences' of the tariff war Tired of too many ads? Remove Ads Focus on investment, ease of business, and tourism Reforms needed in MSMEs and manufacturing Amid rising global trade tensions, Anand Mahindra has called on India to seize the moment and pursue deep structural reforms instead of retaliating against the United States' decision to impose a steep 50% tariff on Indian goods. In a post on X, the Mahindra Group chairperson likened the situation to the 1991 economic crisis, which triggered liberalisation, and suggested that today's tariff standoff could serve as a similar turning point for bold domestic referred to the ongoing global trade disruptions as a kind of modern-day 'Manthan'—a churning that, if responded to wisely, could produce 'Amrit' or long-term economic benefits for India. Citing the 'law of unintended consequences,' he pointed to how the tariff war has nudged Europe into higher defence spending and fiscal flexibility, while Canada has begun dismantling internal trade barriers to strengthen its economic resilience. He urged India to respond in kind by radically improving the ease of doing business, creating a single-window investment system, and unlocking tourism as a key source of foreign exchange and Mahindra, chairperson of Mahindra Group, has called on India to respond with economic reforms instead of retaliation after US President Donald Trump announced a 50% tariff on Indian goods on a post on X, Mahindra likened the global trade tensions to India's 1991 foreign exchange crisis, which led to major economic reforms. He suggested that the current situation could also become a turning point for transformative pointed to the 'law of unintended consequences,' saying that other countries are using the disruption caused by the tariff war to push much-needed structural reforms. He said Europe and Canada are adapting in ways that could have long-term global benefits.'The 'law of unintended consequences' seems to be operating stealthily in the prevailing tariff war unleashed by the U.S. Two examples: The EU may appear to have accepted the evolving global tariff regime, responding with its own strategic adjustments. Yet the friction has…'He said France and Germany have increased defence spending, while Germany has started to move away from strict fiscal discipline, which may support economic revival. In Canada, he noted that the country is removing internal trade barriers that have held back economic integration.'These 'unintended consequences' could become long-term positives for global growth,' Mahindra wrote, urging India to create its own version of a virtuous consequence instead of merely reacting to external attract global investors looking for stable and predictable policies, Mahindra said India must make it easier to do business. He recommended the creation of a single-window clearance system, better infrastructure, and globally benchmarked tourism also called for faster visa approvals to unlock the full potential of tourism, which he said can become a major driver of employment and foreign listed several areas for immediate reforms. These include improved liquidity for MSMEs, faster rollout of infrastructure projects, expanding the production-linked incentive (PLI) scheme, and rationalising import duties on manufacturing inputs.'We cannot fault others for putting their nations first. But we should be moved to make our own nation greater than ever,' he wrote.
New Indian Express
20 minutes ago
- New Indian Express
Centre releases Rs 3,000 crore for CMRL Phase 2 in 2025-26
CHENNAI: The union government has released Rs 3,000 crore so far this financial year towards Chennai Metro Rail's Phase 2 project, according to a Right to Information (RTI) response accessed by TNIE. The funds, disbursed by the Ministry of Housing and Urban Affairs as of July 28, form part of a total outlay of Rs 8,445.8 crore earmarked for the project in 2025-26 — the single-largest allocation for any metro project across the country this year. The release includes the full equity contribution of Rs 1,841.2 crore, Rs 158.8 crore in subordinate debt, and Rs 1,000 crore in pass-through assistance (PTA) from external agencies, according to the ministry's reply to RTI petitioner Dayanand Krishnan. A senior official with Chennai Metro Rail Limited (CMRL) said the centre had already released approximately Rs 5,400 crore before March 2025, following the formal approval of Phase 2 as a central sector scheme in October 2024. 'The Rs 3,000 crore includes funds received during April and May. In total, Tamil Nadu has received around Rs 8,400 crore so far. It's not disbursed in tranches — funds are released as and when needed,' the official said. Spanning 118.9 km across three corridors, Phase 2 is one of India's largest ongoing urban mobility investments. Its reclassification as a central sector scheme last year has unlocked direct funding from the union government, after years of procedural delays. The steady flow of funds is expected to ease financial pressure on the Tamil Nadu government, which has been seeking continued central support for its expanding mass transit infrastructure. The large allocation also signals the strategic and political significance of the project, with Chennai emerging as a key node in India's urban transport agenda. RTI activist Krishnan, who has closely tracked metro funding in Tamil Nadu, urged the union government to expedite approvals and funding for three pending proposals from the state: A new corridor linking Chennai Airport to Kilambakkam, and greenfield metro projects in Madurai and Coimbatore. Concrete moves Release includes equity of Rs 1,841 cr, Rs 158 cr subordinate debt, Rs 1K c assistance from external agencies In total, Tamil Nadu has received around Rs 8,400 crore so far, says official 118.9 km across 3 corridors; Phase 2 is one of India's largest urban mobility projects
New Indian Express
20 minutes ago
- New Indian Express
SC junks Madras HC order banning use of CM name in schemes
NEW DELHI: The Supreme Court on Wednesday quashed the Madras High Court's interim order that restrained the Tamil Nadu government from using Chief Minister M K Stalin's name and image in the 'Ungaludan Stalin' welfare outreach programme. Terming the plea by AIADMK MP C Ve Shanmugam 'totally misconceived' and an abuse of process of law, the apex court imposed a Rs 10 lakh fine on him, to be paid to the state within a week. A three-judge bench led by Chief Justice of India B R Gavai, and comprising Justices K Vinod Chandran and N V Anjaria, said the practice of naming welfare schemes after political leaders is common across the country, and selectively challenging one such scheme reflects political motive rather than genuine concern. 'We do not appreciate the anxiety of the petitioner to choose only one political party and one political leader,' the bench observed. 'If the petitioner was so concerned about the misuse of public funds, he could have challenged all such schemes.' The court noted that even during the AIADMK's tenure, many schemes were branded after CM J Jayalalithaa as 'Amma' initiatives. Senior advocates Mukul Rohatgi and Abhishek Manu Singhvi, appearing for the DMK and the state government respectively, cited similar schemes in support of their case.
