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Last Updated on November 19, 2024 by MBAUniverse.com News Desk

Should India Host the 2036 Olympics: A National Opportunity or a Financial Burden?

Should India Host the 2036 Olympics: A National Opportunity or a Financial Burden?

Indian Olympic Association (IOA) has pitched to International Olympic Committee (IOC) to host the 2036 Olympic Games in India. A letter was sent in October 2024. It is believed that PM Narendera Modi and Home Minister Amit Shah are backing India’s bid to host Olympics 2036. This makes India one of the many countries in contention to host the Olympic Games in 2036 after the Los Angeles Games in 2028 followed by Brisbane in 2032. A final decision by IOC is expected only in 2026.

Indeed, hosting the Olympics is considered a big achievement on global stage for any nation. It can  showcase its cultural vibrancy, boost economic strength, and prove organizational prowess. However, while the ambition aligns with India’s growing international stature, the initiative raises many critical issues. This article explores the potential opportunities and risks of India hosting the Olympics, supported by data from previous events.

Hence, ‘Should India Host the 2036 Olympics’ is an important Group Discussion (GD) Topic. MBAUniverse.com presents facts and arguments for both sides. Also read 200+ Latest Group Discussion Topics with solutions for MBA admission. 

Background 
India’s Olympic 2036 aspirations are based in our quest for global recognition. As world’s fifth-largest economy and a rapidly growing middle class, India can leverage the event to promote our cultural and economic prowess. Sardar Vallabhbhai Patel Sports Complex in Ahmedabad is proposed as the focal point for the event. It must be understood that the Olympics have been a double-edged sword for host nations. While events like the 1992 Barcelona Olympics spurred urban renewal and economic growth in Spain, others, such as the 2004 Athens Olympics, left behind massive financial crisis and poorly facilities. Hence, India must carefully evaluate its readiness and capacity to host this mega-event. Let’s look at both sides of the topic. 

Benefits of Hosting the 2036 Olympics

1. Economic Growth and Job Creation
Hosting the Olympics has historically boosted local economies. For instance the 1992 Barcelona Olympics transformed the city into a tourist hub by increasing annual tourist visits from 1.7 million in 1990 to 7.4 million in 2019. This is a big positive impact. Similarly the 2012 London Olympics contributed £9.9 billion ($12.4 billion) to the UK economy within a year after the event, generating thousands of jobs in construction, retail, and hospitality.  

For India, similar opportunities may exist. The construction of Olympic-standard facilities can create lakhs of jobs. Tourism revenue could surge.  Long-term economic benefits may follow if India successfully position itself as a hub for international sporting and cultural events.

2. Boost to Sports Infrastructure  
Hosting the Olympics could transform India’s sports ecosystem.  The 2008 Beijing Olympics resulted in 12 state-of-the-art sports venues that continue to host many international tournaments.  Similarly, the Tokyo 2020 Olympics also created sports and recreational infrastructure.

3. Impetus to Multiple Sports
India is slowly transitioning from Cricket Nation to a multiple sport nation. Olympics 2036 can give a big boost to sports like Badminton, Tennis, Athletics and others. Currently, India lacks the mindset and facilities necessary for many Olympic sports, and this event could fill that gap.

4. Global Prestige and Cultural Promotion
The Olympics offer host nations a big platform to project “soft power”.  The 1988 Seoul Olympics helped in South Korea’s emergence as a global economic powerhouse. Similarly, the 2000 Sydney Olympics enhanced Australia’s reputation.

For India, the Olympics can highlight our rich history, cultural diversity, and technological advancements and position India as a modern super power. 
India can leverage the Olympics to modernize urban centers with investments in public transport, housing, and sustainable energy systems could leave a lasting legacy for residents.

Risks of Hosting the 2036 Olympics

1. Financial Burden and Cost Overruns
Hosting the Olympics often results in massive expenditures and cost overruns. For instance 2004 Athens Olympics cost $15 billion, contributing significantly to Greece’s debt crisis. The 2016 Rio Olympics, with a budget of $13.2 billion, led to financial stress. So India must be careful. 

2. Underutilized Infrastructure which can become White Elephants 
Many Olympic venues have fallen into disuse post-event. Greece’s state-of-the-art facilities for the 2004 Athens Games has been poorly used. Similarly Brazil’s 2016 venues remain largely unused.  

3. Social and Environmental Impact 
Mega-events often result in social impact and environmental degradation. For example, in preparation for the 2008 Beijing Games, over 1.5 million residents were displaced to make way for Olympic infrastructure.   Environmental concerns, including deforestation and carbon emissions, have been raised for Rio Games and others.

4. Execution Challenges
Hosting the Olympics requires flawless execution! The 2010 Commonwealth Games in Delhi faced severe criticism for many delays, rampant corruption, and infrastructural breakdown.     These challenges could undermine India’s global reputation if not managed well.

Conclusion 
In conclusion, hosting the 2036 Olympics presents India with a great opportunity to showcase its aspirations, boost economic growth, and enhance sporting culture. However, it also carries many financial, social, and environmental risks. Proper planning is the need of the hour. 

India must approach this bid with strategic planning, sustainable practices, and a clear focus on long-term benefits to ensure the event becomes a milestone in the nation’s development, rather than a cautionary tale. While India has the potential, it must have a 10-year plan for ensuring that 2036 Olympics in India as a big success.

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