Commonwealth Games 2010 is expected to result in an overall economic impact of $ 4,940 million on India’s GDP during a period of four years ending 2012 and create an employment opportunity close to 24.7 lakh. According to a Games Organising Committee document, this figure is almost three times the economic impact the 2006 Melbourne Games had on Australian GDP.
“It is estimated that the Commonwealth Games 2010 would result in an overall economic impact of approximately $ 4,940 million on India over the period of 2008—12,” the document said.It said that the 2002 Manchester Games created an impact of nearly $ 3,400 million in Britain’s, while the Melbourne Games created an impact of $ 1,600 million on Australia’s GDP.
The OC estimates said the Delhi Games are also expected to create an “enormous employment opportunity” of close to 24.7 lakh jobs.The CBCI, headed by OC Chairman Suresh Kalmadi, also aims to draw high-powered offshore business delegations to India during the Games and enable them to leverage the unfolding opportunity of transacting business.
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