SAI budget re-arranged not curtailed: Sports Ministry

Image
Press Trust of India New Delhi
Last Updated : Mar 07 2018 | 4:55 PM IST
The Sports Ministry today insisted that it has not curtailed the funding for the Sports Authority of India (SAI) in the union budget, claiming that the money has merely been re-arranged.
The Sports Ministry last month received a hike of Rs 258.2 crore in the union budget for 2018-19. It was allocated a total of Rs 2196.36 crore, compared to 1938.16 crore earmarked last year.
However, SAI was allocated 429.56 crore, a cut of Rs 66.17 crore compared to last year's fund allocation of Rs 495.73 crore.
In response to a query in Rajya Sabha today, Sports Minister Rajyavardhan Rathore, in a written reply, said it was a wrong perception that SAI's funding has been slashed.
"SAI has been entrusted to implement a number of the twelve vertical of the Khelo India Scheme being implemented by this ministry. The funds earmarked for such verticals will be placed at the disposal od SAI for implementing them.
"Thus, effectively, there has not been any curtailment of funds for SAI, though there has been rearrangement of resources between the Ministry and the SAI," the reply stated.
Rathore further said that SAI is also being provided financial assistance under other schemes of the Ministry like the Scheme for Assistance to National Sports Federations (NSFs), and the National Sports Development Fund (NSDF) to undertake activities.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 07 2018 | 4:55 PM IST

Next Story