Kerala defeated Bengal (4-2) in a thrilling match played at Kolkata on Sunday last week.
The decision to pay the cash award was taken at a cabinet meeting chaired by Chief Minister Pinarayi Vijayan here.
The government also decided to provide jobs to 11 members of the team who now unemployed, an official release said here today.
All the 20 team members and coach would be given Rs two lakh each, while the team manager, assistant coach and the physiotherapist would get Rs one lakh as the cash award.
The government would also construct a house for team member K P Rahul, who does not have a house of his own.
The 12 members of the Kerala volleyball team who won the National Volleyball title recently and the team coach would be given a cash award of Rs 1.50 lakh each and assistant coach and manager Rs one lakh each as the award.
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