NEW DELHI: The Sports Budget was increased by Rs 214.20 cr for the financial year 2019-20 by the Government on Friday, the main gainers being Sports Authority of India (SAI) and National Sports Development Fund (NSDF).
Finance Minister Piyush Goyal, who presented the Interim Budget hiked the overall sports budget from Rs 2002.72 (2018-2019) crore to Rs 2216.92 crore for 2019-2020. The significant gainers in the interim sports budget are SAI, the National Sports Development Fund (NSDF) and the corpus meant for giving incentives to sportspersons.
The allocation to SAI has been increased by Rs 55 crore. From Rs 395 crore, the allocation has been increased to Rs 450 crore in the fresh proposals. The SAI is the nodal organisation to manage nationals camps, provide equipment and other logistics to the country’s sportspersons. Besides, the allocation for NSDF has increased from Rs 2 crore to Rs 70 crore.
The Finance Minister also proposed an increase in the incentive fund for the sportspersons, from Rs 63 crore to Rs 89 crore. (AGENCIES)
Follow our WhatsApp channel
