Premchand Degra is an IFBB professional bodybuilder from India. He won the World Amateur Bodybuilding Championships title in the short-height 80 kg category in 1988. He was also awarded the “Achievement Medal” by the International Federation of Bodybuilding and Fitness (IFBB) in 2003 for winning its World Middleweight Champion title in 1988.

Degra lives in Hoshiarpur (Punjab) and trains budding bodybuilders in his own gym. He was awarded the Padma Shri in 1990 and the Arjuna Award in 1988 by the Government of India.

The world title earned him the Padma Shri in 1990. Earlier, he had received the Arjuna Award in 1986. He is also the recipient of the Punjab Government’s Maharaja Ranjit Singh Award (1994), Tata best Sportsman Award (1986) Charminar Challenge Trophy. Prem made his national debut by claiming a Bronze Medal in Middle-Weight Class at Darjeeling in 1980. He followed it up by winning three Gold Medals next year that made him Mr. Punjab, Junior Mr. India, and Senior Mr. India 1981. He retained the title of Mr. India in the middleweight category 1984. Thereafter he moved over to Light Heavy Weight Class and, for next five years (1985–1989), won the title of Mr. India in this class.