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Indian Oil introduced Sports Scholarship Scheme in the year 2006-07 for promising young sports persons representing States in team games and National ranking in others. This scheme started with 55 scholarships in 7 games/sports. At present, 250 scholarships in 20 games/ sports (Olympic sports categories & other popular games viz. Cricket, Carom, Chess, etc) are awarded to upcoming junior players from 13 to 16 years of age in two categories viz. Elite Scholar and Scholar. The scholarship amount varies from ?15,000 to ?19,000 per month for Elite Scholars and ?12,000 to ?16,000 per month for Scholars for the period of 3 years and cost of kit items is also paid by Indian Oil. In addition, Indian Oil also provides assistance towards travel, lodging etc. for scholars in individual games. During 2019-20, 177 sportspersons benefitted from the scheme and since inception, more than 1,000 sportspersons have benefitted from Indian Oil scholarship scheme.
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