In 2029, India hopes to host the Youth Olympics as well. There is more to the Olympics than just sports.
Source: Source: InsidetheGames
More than any other global event, it is a political, sociocultural, and economic event that portrays a nation’s soft power. In order to achieve legitimacy, make an impression, advance political and diplomatic relations, boost tourism and the economy, or reestablish their position in the world arena, nations have chosen to put on the biggest show on earth.
However, the majority of nations have discovered, particularly in recent years, that the benefits of hosting the Olympics do not match the time and money spent on it. The Olympics necessitate large financial outlays. After the 2004 Athens Games, Greece nearly went bankrupt, which had an effect on the economy of the whole European Union (EU).
There were widespread demonstrations against the hosting of the Games in Rio de Janeiro in 2016 and Tokyo in 2021, and the British government expressed remorse for hosting the London Games in 2012. Because Olympic planning is always far in the future and unanticipated things can happen, such as the Covid epidemic which disrupted the Tokyo Games plans, there is always a cost escalation.
Source: Narendra Modi
Canada and Australia have withdrawn from the Commonwealth Games in 2026 and 2030, respectively. Large-scale infrastructure, which frequently equates to creating a new city, is planned for the Games, as well as for hospitality and other uses. It has frequently been discovered that the infrastructure erected for the Games is underutilised afterwards, and many cities have struggled to keep it up after the competition.
After bidding, the 2036 Games’ location will be selected and made public, most likely not until 2025. Poland and Mexico might possibly submit bids for the Games. Approximately $20 billion (more than Rs 1.6 lakh crore at current rates) may be spent on an Olympics in India. An Indian city will need to put in a lot of work to be prepared for the event in around ten years. India has become more competitive in international sporting competitions in recent years, and at the just finished Asian Games, the country showed remarkable skill by winning 107 medals. When the Olympics happen, they can inspire and elevate the nation’s standing internationally. But there are a lot of difficulties with it.
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