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Sports get budget of Rs 3397.32 Cr allocation ahead of Asian Games 2023,

<p>Good news for athletes. The sports sector has received its highest-ever budget allocation in history. With an over 300 Crore jump, sports sector has received Rs 3397.32 Cr allocation in the new FY 2023-24 Union Budget. The Union Finance Minister presented the budget for 2023-24 at the parliament today. With Asian Games 2023 coming up and Paris Olympics preparations in full-swing, the Finance Ministry has recognised the importance of increasing the budget. Khelo India recieved a whopping 1045 Cr funding.Must Read : After Tunisha, Avneet Kaur to play Shehzaadi Mariam in Ali baba-Daastan-E-Kabul?Sports Budget Allocation 2023-24:Khelo India: Rs 1045 CrSAI: 785.52 CrNational Sports Federations: 325 CrNational Service Scheme: 325 CrNational Sports Development Fund: Rs 15 CrNational Sports Federations have received a bump with Rs 325 Cr allocation. In 2022-23, NSFs received a total of Rs 280 Cr budget, the same as 2021-22.The Sports Authority of India has also received a bump. With Asian Gam</p>
05:56 PM Feb 01, 2023 IST | mediology

Good news for athletes. The sports sector has received its highest-ever budget allocation in history. With an over 300 Crore jump, sports sector has received Rs 3397.32 Cr allocation in the new FY 2023-24 Union Budget. The Union Finance Minister presented the budget for 2023-24 at the parliament today. With Asian Games 2023 coming up and Paris Olympics preparations in full-swing, the Finance Ministry has recognised the importance of increasing the budget. Khelo India recieved a whopping 1045 Cr funding.

Sports Budget Allocation 2023-24:

  • Khelo India: Rs 1045 Cr
  • SAI: 785.52 Cr
  • National Sports Federations: 325 Cr
  • National Service Scheme: 325 Cr
  • National Sports Development Fund: Rs 15 Cr

National Sports Federations have received a bump with Rs 325 Cr allocation. In 2022-23, NSFs received a total of Rs 280 Cr budget, the same as 2021-22.

The Sports Authority of India has also received a bump. With Asian Games and Olympic qualifiers, SAI has an uptick in funding with Rs 785.52 Cr. Last year, SAI had received a Rs 7.41 Cr budget cut. But this year, SAI has received a Rs 132.52 Cr hike.

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