Chief Minister Jayalalithaa issued orders to allocate the amount to enhance infrastructure of sports in all 12,524 panchayats in Tamil Nadu, besides creating awareness of sport among youngsters and providing training, an official release said.
The government also announced an increase in the annual subsidy of Rs one crore to Rs two crore for the Chennai Open Tennis tournament normally conducted every year.
The Chennai Open is slated to begin in January 2013. The Chief Minister has issued orders to increase financial assistance to Rs two crore from 2013, the release said.
Jayalalithaa also issued orders to hold contests for table tennis, swimming and tennis from 2012 onwards, along with basketball, handball, kabaddi and volleyball under the "Chief Minister's Cup".
These contests would help athletes participate at National and International level competitions, besides enhancing the quality of the game, the release said.
To conduct the Chief Minister's Cup at district and state levels, Jayalalithaa issued orders to allocate Rs one crore, it said, adding a cash prize of Rs one lakh, Rs 75,000 and Rs 25,000 would be given to those securing first, second and third spots.