The incumbent government in its budgetary allocation has increased sports fund by ₹214.20 crore for the financial year 2019-2020.
The Finance Minister Piyush Goyal presented the interim budget 2019-2020 and allocated a sum of ₹ 2,216.92 crore to Sports sector which happens to be a slight increase of ₹214.20 crore from ₹ 2,002.72 in the last year 2018-2019.
The significant beneficiaries in the interim sports budget are SAI, the National Sports Development Fund (NSDF) and the corpus meant for giving incentives to sportsperson.
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 sportsperson, from Rs. 63 crore to Rs. 89 crore.
However, the assistance to National Sports Federations (NSFs) has been slashed slightly from Rs. 245.13 crore to Rs. 245 crore.
The overall encouragement and awards to sportspersons have been increased by Rs. 94.07 crore. The previous allocation stood at Rs. 316.93 crore and will now be Rs. 411 crore. The Khelo India National Programme for Development of Sports too got a hike of Rs. 50.31 crore and from the previous allocation of Rs. 550.69 crore, it is now Rs. 601 crore.
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