You are here: Home » Budget » News
Business Standard

Government slashes fiscal 2021-22 sports budget by Rs 230 crore

In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports

Topics
Budget 2021 | sports | Budget Speech

IANS  |  New Delhi 

Athletics, sports, track and field
Representational image

In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to budget for the next financial year 2021-22, less by Rs.230.78 crore -- or, 8.16 per cent -- allocated in the previous fiscal.

The Authority of India (SAI) has been allocated Rs.660.41 crore, which is an increase from the Rs.500 crore that was allocated in the last budget.

The Ministry's flagship Khelo India, on the other hand, has had its allocation slashed to 657.71 crore from Rs 890.42 crore allocated in the 2020-21 budget.

Assistance to the National Sports Federations, however, has been increased by Rs.35 crore. This year's budget is Rs.280 crore while last year's was Rs.245 crore.

The year 2021 is an Olympic year due to the postponement of the 2020 Tokyo Olympics due to the Covid-19 pandemic. The Olympics was initially scheduled to be held from July 24 to August 9 last year but was postponed in March, 2020 to July 23 to August 8 this year.

The budget allocated for renovation and maintenance of 2010 Commonwealth Games stadia has been reduced by Rs.66 crore to Rs 30 crore for the next financial year.

--IANS

rkm/qma

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, February 01 2021. 18:08 IST
RECOMMENDED FOR YOU