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.
India's leading badminton player Saina Nehwal has dropped four places to be No 9 in the latest world rankings while P V Sindhu remains No 10 despite winning a silver medal in the Rio Olympics.
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 beat ninth seeded Sung Hwan Park of Korea to enter the semi-finals of the German Open.
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 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.
Taufik Hidayat of Indonesia became the first player to hold the Olympic and World titles at the same time.
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.
Indonesia's Taufik Hidayat said the game was only about Lee Chong Wei and Lin Dan at the moment.
Saina dropped two spots to third in the women's singles list, and is placed below Spaniard Carolina Marin (80752), who rose a rung following her Australian Open title triumph.
Srikanth, now ranked five, was placed seventh before the Malaysia Open, where he lost his last-four clash to the reigning Asian champion Kento Momota.
Summary of sports events and persons who made news on Tuesday
Kidambi Srikanth's hopes of a medal in the men's badminton competition at the Rio Olympics remain alive. India's sole men's singles player in the tournament scored hard-fought 21-19, 21-19 victory over world No. 5 Jan Jorgensen to enter the quarter-finals on Monday.
B Sai Praneeth went down fighting to second seed Jonatan Christie of Indonesia in the men's singles semi-finals of the New Zealand Open badminton in Auckland on Saturday.
A summary of sports events and persons who made news on Wednesday
The Olympic silver medallist will now face Korea's An Se Young next.
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.
Sakshi Malik ended India's frustrating medal drought with a dramatic bronze-winning effort on Day 12 of the Rio Olympic Games on Wednesday.
Indian shuttlers Kidambi Srikanth and Saina Nehwal may have hit global headlines with their big wins against China's superstars of badminton but sadly they have not made it into the state-run Chinese media, which played down their herculean achievement.
Praneeth said he needs to work on his fitness to trouble big players such as two-time world champion Kento Momota.
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.
Focus on nutrition, tailor-made training for specific opponents key to Prannoy's success.
Kidambi Srikanth, the centre of attention in the Rio Olympics on Wednesday, can take heart from Hyderabad city mate P V Sindhu for his men's singles quarter-final clash against Chinese badminton icon Lin Dan.
India's report card on the tenth day of the 2016 Olympics.
Badminton's new service rule won't be used at CWG
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.
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.
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.
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.
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.
'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'
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.
China's Chen Long stepped out of compatriot Lin Dan's shadow to spoil Lee Chong Wei's hopes of a golden Olympic swansong and win the men's badminton title in Rio de Janeiro on Saturday.
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.
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.
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