NEW DELHI: Country’s tremendous success at the Tokyo Olympics seems to have influenced the sports budget as the central government on Tuesday allocated Rs 3062.60 crore for financial year 2022-23 — an increase of Rs 305.58 crore, compared to the last year’s amount.
In the last financial year, the government had allocated Rs 2596.14 crore for sports, which was later revised to Rs 2757.02 crore.
India won seven medals, including a historic track and field gold, at the Tokyo Olympics. The sporting activities have also resumed in a phased manner in the country and 2022 is an important season because of two global events — the Birmingham Commonwealth Games and Hangzhou Asian Games — lined up.
Considering all of it, the government may have decided to spend more on sporting activities.
The government’s flagship Khelo India programme witnessed an increase of Rs 316.29 crore in the 2021-22 budget, presented by Finance Minister Nirmala Sitharaman on Tuesday.
The financial allocation towards the Khelo India programme, which got Rs 657.71 crore in the last budget, was increased to Rs 974 crore.
The total encouragement and awards to sports persons have seen a substantial increase from Rs 245 crore to Rs 357 crore.
The Sports Authority of India’s budget had been reduced by Rs 7.41 crore to Rs 653 crore.
The SAI is the nodal organisation to manage nationals camps, provide infrastructure, equipment and other logistics to the country’s sportspersons.
The allocation towards the National Sports Development Fund has been reduced by Rs 9 crore to Rs 16 crore.
The National service scheme has witnessed a whopping jump of Rs 118.50 crore from Rs 165 crore to Rs 283.50 core.
The allocation towards National Sports Federations (NSFs)remained untouched at Rs 280 crore.
As far as incentives for sportspersons are concerned, the budget has proposed a minimal hike of Rs crore to Rs 55 crore.
The budget for the National Sports Development Fund has been further reduced to Rs 16 crore from Rs 25 crore.
In the last financial year, the government had allocated Rs 2596.14 crore for sports, which was later revised to Rs 2757.02 crore.
India won seven medals, including a historic track and field gold, at the Tokyo Olympics. The sporting activities have also resumed in a phased manner in the country and 2022 is an important season because of two global events — the Birmingham Commonwealth Games and Hangzhou Asian Games — lined up.
Considering all of it, the government may have decided to spend more on sporting activities.
The government’s flagship Khelo India programme witnessed an increase of Rs 316.29 crore in the 2021-22 budget, presented by Finance Minister Nirmala Sitharaman on Tuesday.
The financial allocation towards the Khelo India programme, which got Rs 657.71 crore in the last budget, was increased to Rs 974 crore.
The total encouragement and awards to sports persons have seen a substantial increase from Rs 245 crore to Rs 357 crore.
The Sports Authority of India’s budget had been reduced by Rs 7.41 crore to Rs 653 crore.
The SAI is the nodal organisation to manage nationals camps, provide infrastructure, equipment and other logistics to the country’s sportspersons.
The allocation towards the National Sports Development Fund has been reduced by Rs 9 crore to Rs 16 crore.
The National service scheme has witnessed a whopping jump of Rs 118.50 crore from Rs 165 crore to Rs 283.50 core.
The allocation towards National Sports Federations (NSFs)remained untouched at Rs 280 crore.
As far as incentives for sportspersons are concerned, the budget has proposed a minimal hike of Rs crore to Rs 55 crore.
The budget for the National Sports Development Fund has been further reduced to Rs 16 crore from Rs 25 crore.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Sports News Click Here
Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
