New Delhi [India], April 12 (ANI): Former Indian wrestler Vinesh Phogat has announced that she would build a world-class sports academy for young athletes with the Rs 4 crore prize money that she received from the Haryana government. Phogat received this award under Haryana's premier sports policy, which allows medal-winning athletes to choose between a government job, a land allotment, or a cash reward. The policy grants Rs. 6 crore for an Olympic gold, Rs. 4 crore for silver, and Rs. 2.5 crore for bronze. Despite being disqualified from the women's 50kg category due to a slight weight infraction, Phogat was still awarded the cash prize equivalent to a silver medalist. Also Read | KK vs MS Dream11 Team Prediction, PSL 2025: Tips and Suggestions To Pick Best Winning Fantasy Playing XI for Karachi Kings vs Multan Sultans. Vinesh took to his official social media handle and announced the decision to build the sports academy. "When a player's hard work is recognised, that is the real victory. The public has given me a lot - love, respect, trust, courage and encouragement. Now is the time to repay the debt of all this. As a public representative, and given the struggles I have been a part of, my responsibilities are now not just towards one player but towards thousands of dreams of those who want to build their future through sports in a safe environment. It has always been my dream to provide better facilities and a good sports environment to the next generation of players. Now that time has come. I will always be grateful for the respect and honour given to me by the entire society and the Haryana government for my performance in the Olympics," the former wrestler wrote in a post on X. Also Read | SRH vs PBKS IPL 2025, Hyderabad Weather, Rain Forecast and Pitch Report: Here's How Weather Will Behave for Sunrisers Hyderabad vs Punjab Kings at Rajiv Gandhi International Stadium. "This prize money given by the government is not just a reward--it is an opportunity, a means to realise the dream that I have been seeing for years. Therefore, this prize money will be used to establish an international-level sports academy, where young players can take their talent to new heights with the best resources. An academy where young players are not only free from lack of resources, but also get the respect and inspiration that every hardworking player deserves. That is why I will need your support, because this is not just my dream but the dream of all of us and it is our responsibility to fulfil it," the post added https://x.com/Phogat_Vinesh/status/1910691264619479434 Vinesh switched to politics after announcing her retirement from wrestling a short while after she was disqualified from the Paris Olympic Games. In her 50-kg category weigh-in, she was found overweight by about 100 gm before the final. Vinesh was set to play for the gold medal in the final against the United States' Sarah Ann Hildebrandt. After joining the Congress party last year, Vinesh contested the Haryana Assembly elections and is currently serving as an MLA from Julana. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)