The 25-year-old World Championships quarter-finalist says the money his employers Bharat Petroleum and Bangalore-based SKL Software gives him is not enough to train and play abroad.
The Indian ace beat Muhd Hafiz B Hashim of Malaysia and stormed into the men's singles quarter-finals at the World Badminton Championships.
A summary of sports events and persons who made news on Wednesday
The Indian shuttler lost to Olympic champion Taufiq Hidayat in the quarter-finals.
Indonesia stormed back from 0-2 down to beat England 3-2 and reach the Sudirman Cup final for the seventh time in 10 editions since the inaugural event in 1989.
The Indian ace was beaten by Lin Dan of China in the semi-finals of the Yonex Open badminton tournament.
The Indian ace beat ninth seeded Sung Hwan Park of Korea to enter the semi-finals of the German Open.
By late Saturday evening the Chinese had amassed 103 golds from 244 on offer at the Asian Games.
Indonesian Taufik Hidayat pulled off one of the shocks of the Asian Games badminton competition, beating world number two Lee Chong Wei in the men's singles final.
China's charge at the Asian Games continued, with the team scooping up a phenomenal 22 gold medals including the men's badminton team crown.
China beat South Korea 3-1 on Sunday to win the Thomas Cup men's badminton team title for the third time in a row. The Chinese won the Uber Cup women's title for the sixth consecutive time on Saturday after beating Indonesia 3-0.
PV Sindhu had burst onto the scene when as a 16-year-old she had stunned London Olympics gold medallist Li in the quarterfinals of China Masters.
World number one Lin Dan battled past Peter Gade as China whitewashed Denmark 3-0 to retain the Thomas Cup on Sunday
China moved closer to defending their titles in the Thomas and Uber Cups with easy quarter-finals victories.
Chetan Anand provided the lone resistance as India went down 0-5 to China in their opening match of the Thomas Cup badminton finals.
Sakshi Malik ended India's frustrating medal drought with a dramatic bronze-winning effort on Day 12 of the Rio Olympic Games on Wednesday.
Taufik Hidayat of Indonesia became the first player to hold the Olympic and World titles at the same time.
Badminton's new service rule won't be used at CWG
Lee Chong Wei's indefinite suspension for a doping violation will cost the Malaysian his top ranking with Chinese world champion Chen Long set to take over on Thursday.
'We actually have a big vacuum in terms of producing coaches of quality and it's not a training program. It's an ecosystem issue. So, we need to work harder to bridge that gap'
Star Indian shuttler H S Prannoy produced a gallant fight before going down narrowly to China's Huang Yuxiang in the men singles quarter-finals of the All England Championship in Birmingham.
Defending champion Saina Nehwal entered the pre-quarterfinals but it turned out to be a disastrous day for the men with all of them, including reigning champion K Srikanth, failing to cross the opening hurdle at the Yonex-Sunrise India Open Super Series badminton.
Indonesia's Taufik Hidayat said the game was only about Lee Chong Wei and Lin Dan at the moment.
India's report card on the tenth day of the 2016 Olympics.
HS Prannoy started his campaign at the World Championship in style beating New Zealand's Abhinav Manota in straight games to enter the second round.
China's badminton superstar Lin Dan said he hopes world number one Lee Chong Wei, who is embroiled in a doping scandal, is able to return to the sport soon, state media reported.
China expects strong pressure to win medals at next month's Olympics in Rio de Janeiro from teams which have begun to better challenge its dominance in sports like badminton, state media said on Tuesday. China topped the medals table at the 2008 Beijing Olympics and came second at the 2012 London Olympics behind the United States, events where Chinese wins were celebrated with an outpouring of national pride, something likely to be repeated in Brazil.
The Badminton Association of India is optimistic about China's participation in next month's India Open despite fears surrounding the deadly coronavirus as Chinese shuttlers are in quarantine for almost a fortnight in Europe.
Indian challenge ended at the $275,000 French Open Super Series badminton tournament after top seed Saina Nehwal suffered a straight game defeat to Thailand's Ratchanok Intanon in the quarter-finals in Paris.
A day after unheralded grappler Sakshi Malik opened India's medal count with a dramatic bronze-winning effort, shuttler P V Sindhu is all set to further showcase Indian women's capabilities at the Olympic on Thursday.
India's No 1 shuttler Saina Nehwal has been seeded fifth and compatriot P V Sindhu ninth in the women's singles at the upcoming Olympics in Rio de Janeiro. In the men's draw, Kidambi Srikanth, who is ranked world No 11, is seeded ninth.
World No 1 Saina Nehwal is all set to defend her women's singles title at the Australian Open super series .
Early exits at Japan Open and Denmark Open proved costly for ace India shuttler Saina Nehwal as she lost her World No.1 crown to All England and World champion Carolina Marin of Spain.
Lee, who was diagnosed with early stage nose cancer last year, said he opted to retire after being told by doctors that his body could no longer take the intense training needed for high-level competition.
Summary of sports events and persons who made news on Thursday.
The Badminton World Federation (BWF) have opted against giving twice Olympic silver medallist Lee Chong Wei a wildcard for the world championship, leaving Malaysia in an awkward selection position.
It is the surprise element of the unheralded shutters, who could pose a bigger threat to his medal aspirations at next month's Commonwealth Games.