Olympics Begin In
:
Days
:
Hours
:
Mins
 
Secs
Begin typing your search above and press return to search.

News

Sports Budget 2020: Rs 2826.92 crore to sports, Rs 50 crore increase from last year

Sports Budget 2020: Rs 2826.92 crore to sports, Rs 50 crore increase from last year
X
By

Press Releases

Published: 1 Feb 2020 10:26 AM GMT

The government of India, Saturday allocated Rs 2826.92 crore as sports budget for the next financial year, which is up by a mere Rs 50 crore from the revised estimates of 2019-20.

The government gave a substantial hike of Rs 291.42 crore to its flagship Khelo India programme for development of sports at the grassroot and youth level. But, as far as incentives for sportspersons in the Olympic year are concerned, it has proposed to slash the amount from the Rs 111 crore to Rs 70 crore.

The government also decreased the allocation to Sports Authority of India (SAI) from the revised Rs 615 crore to Rs 500 crore. The SAI is the nodal organisation to manage nationals camps, provide infrastructure, equipment and other logistics to the country's sportspersons.

More to follow...

Next Story