The Mumbai Cricket Association (MCA) announces plans to increase its subsidy corpus for affiliated clubs to Rs 500 crore over the next 10 years, and also set to name lounges at the Wankhede Stadium in honour of Sachin Tendulkar and Ajinkya Rahane.

NDTV reports both elements as decisions made by the MCA on Friday. The sources indicate the subsidy increase is aimed at supporting affiliated clubs through a longer-term funding plan. Separately, the lounge-naming proposal links the stadium’s facilities to the two cricketers, reflecting recognition by the MCA. The available reports do not provide further details such as timelines for construction, exact lounge locations, costs, or whether additional partners are involved.

Across the sources provided here, the central points are consistent: MCA’s Rs 500 crore subsidy corpus over 10 years and the plan to dedicate lounges at Wankhede Stadium to Tendulkar and Rahane. No differing figures or interpretations are presented in the supplied material.