AICF Launches Monthly Stipend Scheme to Boost Young Chess Talent

In a landmark move to support the growth of chess at the grassroots level, the All India Chess Federation (AICF) has launched the Top National Players Stipend Scheme (TNPSS). This scheme, unveiled on June 25, 2025, aims to provide direct financial assistance to promising young chess players across India, covering categories from Under-7 to Under-19. By offering quarterly stipends ranging from ₹60,000 to ₹1.5 lakh, the initiative is designed to not only identify talent early but also help them develop into future champions. The move reflects AICF’s strategic intent to strengthen the national chess ecosystem.

Why in News?

The Top National Players Stipend Scheme was officially launched by the AICF on June 25, 2025, and the first quarterly disbursement of ₹42.30 lakh has already been credited directly to the bank accounts of 78 young players (39 boys and 39 girls). This is the first time in Indian chess history that players are receiving structured financial support at such a young age, aimed at encouraging participation in national-level tournaments and providing the foundation for long-term success.

Key Highlights of the Scheme

  • Name: Top National Players Stipend Scheme (TNPSS)
  • Launched by: All India Chess Federation (AICF)
  • Date of Launch: June 25, 2025
  • Target Group: U-7 to U-19 age group chess players
  • Total Players Benefited Initially: 78 (39 boys & 39 girls)
  • Quarterly Stipend Amount: ₹60,000 to ₹1.5 lakh
  • Total Disbursed for April–June Quarter: ₹42.30 lakh

Objectives

  • Financial empowerment of young chess players.
  • Encourage grassroots participation by recognizing national tournament performers.
  • Reduce financial barriers that hinder training and competition participation.
  • Boost performance in global events by providing stable financial support during formative years.

Background

  • The AICF has been actively working to uplift chess in India, especially after the global rise of Indian players like R Praggnanandhaa, Gukesh D, and others.
  • Inspired by the growing interest in chess, especially post-COVID due to platforms like Chess.com and ChessBase India, AICF has focused on making the sport more inclusive and competitive.

Static Facts

AICF Headquarters: Chennai, Tamil Nadu

President of AICF: Nitin Narang

Founded: 1951

Affiliated to: FIDE (World Chess Federation)

Significance of the Scheme

  • Encourages merit-based rewards and early recognition of young talent.
  • Positions India to become a global chess powerhouse by building a sustainable player pipeline.
  • Makes national tournaments more relevant, as performance in these events will be considered for future stipends.
  • Ensures gender parity, as equal numbers of boys and girls have been selected.
Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

India at Asian Games 2026: Day 6 Medal Winners, Tally and Results

India had a great performance in the Asian Games 2026 held in Aichi-Nagoya, Japan on…

5 hours ago

India Rises to 31st in WEF Travel and Tourism Development Index 2026

According to the latest reposrt which published on September 25, 2026, India is at 31st…

7 hours ago

Election Commission of India: Structure, Powers and Constitutional Framework

In September 2026, the Election Commission of India (ECI) has in news, after the differences…

8 hours ago

Bank Strike September 2026: UFBU Demands and Key Dates

UFBU (United Forum of Bank Unions), which is the common forum for the bank employees…

8 hours ago

Chief Election Commissioner Removal: Rules and Parliament Process

As per the latest update, the Opposition party is gearing up to file a new…

9 hours ago

India Records Record FDI of $94.53 Billion in FY26

According to the latest statistics by Respectable Union Commerce and Industry Minister Piyush Goyal on…

9 hours ago