In a letter to TOP Committee chairman Anurag Thakur, Bindra said that he has decided to resign from the panel as he will not be able to spare time for a "meaningful contribution" to the scheme in view of his preparations for Rio Olympics.
"As you are aware that the Olympic Games are about 10 months away. I am completely engrossed in my training and preparations. I agreed to be a part of the TOP Scheme as I wanted to make a meaningful contribution to the scheme specially from the view of the athletes," Bindra, the lone Indian Olympic individual gold medallist, said in the letter.
"I believe the committee will be better served by someone who can make a meaningful contribution. This letter may be treated as my resignation as a member of the TOP Scheme," he added.
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Other members of the committee include former Indian cricket team captain Rahul Dravid and national badminton coach Pullela Gopichand.
"It has been a pleasure to have had the opportunity to work with you and it was a joy to see your passion towards the development of sport and athletes' welfare in the country. I wish you and the TOP scheme the very best of luck towards a successful 2016," Bindra wrote in the letter to Thakur.