The 22-year-old city-based shuttler has won three coveted titles -- the Swiss Open grand Prix gold, Thai Open Grand Prix Gold and Indonesian Open Super Series Premier -- this year.
Chief Minister N Kiran Kumar Reddy, who sanctioned the cash incentive, said "Saina has become pride of the nation by winning so many championships and Andhra Pradesh is proud of her."
The Chief Minister hoped the badminton champion would win the gold medal in the forthcoming Olympics at London.
