The Board of Control for Cricket in India's (BCCI) Apex Council also approved the participation of the men's and women's teams for the Asian Games in Hangzhou in September-October.
A second-string Indian team will participate in the men's competition, beginning September 28 while a full-strength side will be picked for the women's event, beginning September 19.
Cricket has been played only thrice in the Asian Games history and the last time it was held in Incheon in 2014 when India did not take part.
The competition coincides with crucial time for men's team with India hosting the ODI World Cup from October 5.
In a note, BCCI said considering the crowded international schedule, it will be a challenge to field a team at Asian Games but contributing to the national cause is also important. India will be favourites to win gold both in men and women categories.
"Through effective planning, communication and co-ordination, the BCCI aims to navigate those challenges successfully and contribute to the national cause by fielding a team in both men's and women's category in line with the Government of India's directions," the board said.
IPL version of Impact Player rule in SMAT
The IPL version of the much-talked about Impact Player Rule will be used in the Syed Mushtaq Ali T20 Trophy (SMAT) beginning October 16, the BCCI Apex Council approved on Friday.
The Impact Player was introduced in SMAT last season but it had to be brought before the end of the 14th over and had to be named before the toss.
However, this will change from the next season. Like IPL, the teams will be allowed to name four substitutes besides the playing eleven before the toss. Out of the four substitutes, only one can be used as an Impact Player.
"Both teams are allowed to use one Impact Player per match. It is, however, not compulsory," read one of the guidelines on the rule.
