No shortage of funds and preparations for Olympics is on in full swing
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Home Sports

No shortage of funds and preparations for Olympics is on in full swing

by Janam Web Desk
Feb 4, 2021, 07:43 pm IST
in Sports

The outlay for Annual Budget 2021-22 of Ministry of Youth Affairs and Sports is Rs. 2596.14 crore, as against the outlay of Rs. 1800.15 crore approved for the revised Budget Plan 2020-21. The Union budget of 2021-22 has allocated Rs 1960.14 crore to the Department of Sports.

There is a major boost to the budget allocated to the Sports Authority of India, which is the nodal agency responsible for providing financial support to elite athletes preparing for the Tokyo Olympics scheduled in July 2021.

Sports Authority of India (SAI) has been allocated Rs 660.41 crores, a 32.08 percent rise in allocated budget as compared to the Budget Estimate of 2020-21.

The NSFs have received an allocation of Rs 280 crore, with a hike of 14.28 percent over the budget estimate of 2020-21.

The budget for the government’s flagship Khelo India programme has also seen a 72.04 percent increase in budget estimate as compared to revised estimate for the year current year.

Tags: MAINTokyo Olympics 2021FEATUREDNSFsBudget 2021Sports newsUnion Budget 2021Annual Budget for SportsDepartment of SportsMinistry of Youth Affairs and SportsSports Authority of IndiaSAI
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