The ICC Board today decided to double the prize money of the top-ranked Test team to 1 million US Dollars or 6.5 crore rupees from its existing 5 lakh US Dollars from April 1 next year. It also increased investment in women's cricket by five-fold. According to a media release issued by the ICC in Dubai today, the Board approved an increased allocation of 65 million US Dollars to include the increased prize money for the top ranked Test sides and for men's and women's ICC events during the period from 2016 to 2023. The ICC release further said this prize money was in addition to the Test Cricket Fund of 70 million US dollars which the ICC Board introduced last year to help ensure Test playing sides to sustain a home programme of Test cricket through to 2023. But from next year, this fund will be available to all Test Members except the cash rich Board of Control for Cricket in India, Cricket Australia and the England and Wales Cricket Board.