AICF President Nitin Narang also said that the federation will provide a good financial reward to Gukesh for his recent success.

Gukesh created history on Monday by becoming the youngest player to win the FIDE Candidates tournament in Toronto, Canada, scoring nine points in the round of 14 and finishing half a point ahead of many other players, and challenging for the world chess title. Qualified.

"We are assessing the situation. There will be more clarity on the issue in a few days. Once we understand what is required to host the event, we will take a decision," Narang told IANS.,

According to him, hosting the World Championships requires sponsors and government support.

Although Narang refused to confirm it, it is learned that voices have been raised from some corporate groups to sponsor the title match if India successfully bids for the prestigious event.

If we consider the opinion of chess masters, then this time there is a better possibility of the world title competition coming back to the birthplace of chess or 'Chaturangam'.

The former women's world champion (1996–99) said, "I believe Gukesh will be a slight favorite against Ding Liren. The world champion is a very good player.However, he is not very active and his form is not at its peak," Grandmaster Susan Polgar told IANS when asked about the Indian's chances of becoming world champion.

Narang also said that what Gukesh has achieved will "change the course of Indian chess".

India has the experience of successfully organizing World Chess Championships and Chess Olympiads. The world title match between GM V. Anand of then champion India and challenger Magnus Carlsen was held in Chennai.At that time Anand had lost the title to Carlsen.

In 2022, India successfully hosted the 44th Chess Olympiad in Chennai in which around 1,737 players from 186 countries participated.

Interestingly, the Chennai Chess Olympiad – a team event – can also be described as "Gukesh's Olympiad" as he won seven consecutive games, a kind of Olympiad record.

Gukesh also won an individual gold medal playing on the top board and his T-India-1 won the Olympiad bronze medal.

The International Chess Federation or FIDE plans to hold a World Chess Championship sometime this year.However, the dates and venue have not been decided yet.

According to FIDE, a World Championship match consists of 14 games and the player who scores 7.5 points or more wins the match, and no further games are played. If the score is tied after 14 games, the winner is decided by tiebreak. But, it is done.

While the Open and the Women's Candidates Tournament were held together for the first time, it is not known whether FIDE would want to hold both title matches simultaneously.

While the AICF chief refused to confirm the amount of financial reward to Gukesh for the success of the Candidates, AICF interim secretary Ajit Kumar Verma told IANS in January that Indian players who win the Candidates 2024 tournament will get a financial aid of Rs 50 lakh. will be given. Up to Rs 1 crore for World Title preparation, subject to General Body approval.,

The AICF had provided financial assistance of Rs 2 crore to five Indian players – three in the open category and two in the women's category – who recently participated in the Candidates Tournament. Only after Gukesh becomes successful, will AICF give him Rs 1 crore or even more is a question that remains to be answered.