Finance Minister Nirmala Sitharaman gave a huge boost to the sports industry on Wednesday by giving a record Rs 3397.32 cr in the Union Budget 2023-2024. This is the largest ever budget allocation for the sports sector, with an increase of 300 million compared to the previous year. With the Asian Games on the horizon and preparations for the Paris Olympics in full swing, it’s a big boost for the sports industry.
How much will the national sports organizations receive?
The government’s target remains the ministry’s flagship initiative, Khelo India – National Sports Development Programme, which has been allocated Rs 1,045 crore, up from a revised grant of Rs 606 crore in the previous fiscal year.
Sports Authority of India:
The Sports Authority of India (SAI), which organizes national camps for athletes, provides infrastructure and equipment to athletes, appoints coaches, maintains sports infrastructure and will get Rs 785.52 crore. In the previous financial year, SAI earned 749.43 crores.
National Sports Federations:
The National Sports Federations (NSF) have obtained an increase of 45 million. Last year, the NSF got 280 million in the last budget that the sports federation will get 325 million.
National Anti-Doping Agency:
The National Anti-Doping Agency (NADA), which is affiliated with the World Anti-Doping Agency (WADA), and the National Doping Testing Laboratory (NDTL), which previously received money from the SAI, will now receive it directly. This year’s budget has a provision for NADA to earn Rs 21.73 crore, while NDTL, which conducts the tests, would get Rs 19.50 crore.
Above numbers are as per Times of India report
The Board of Control for Cricket in India will not get a single rupee from the budget as BCCI is an independent body.
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