Sports get ₹214 additional allocation in Interim Budget

Sports budget,sports budget 2019,SAI Sports Budget,National Sports Federations,Khelo India

The sports budgetary allocation has been increased by ₹214.20 crore for the financial year 2019-2020.

In the interim budget presented by Finance Minister Piyush Goyal, the overall sports budget for 2019-2020 has been increased to ₹ 2,216.92 crores from ₹ 2,002.72 in the financial year 2018-2019. The increase also includes a hike in funds for the Sports Authority of India (SAI) and incentives for sportspersons.

SAI, the National Sports Development Fund (NSDF) and the corpus meant for giving incentives to sportspersons have made significant gains in the enhanced budgetary outlay.

The allocation to SAI has been increased by ₹ 55 crore – from ₹ 395 crores to ₹ 450 crores in the fresh proposals. The SAI is the nodal organization to manage nationals camps, provide equipment and other logistics to the country’s sportspersons.

Besides, the allocation for NSDF has been increased from ₹2 crore to  ₹70 crore. This unprecedented rise will give a boost to India’s training programme for the Tokyo 2020 Olympic Games.

The Finance Minister also proposed an increase in the incentive fund for the sportspersons – from ₹63 crore to ₹89 crore.

However, the assistance to National Sports Federations (NSFs) has been slashed slightly from ₹245.13 crore to ₹245 crore – by a mere ₹13 lakh.

The overall encouragement and awards to sportspersons have been increased by ₹94.07 crore. The previous allocation stood at ₹316.93 crore. It will now be ₹411 crore.

The Khelo India National Programme for Development of Sports too got a hike of ₹50.31 crore – enhancing the previous allocation of ₹550.69 crore to ₹ 601 crore.

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