To strengthen its support for Sports in India, the Union Government has authorized the continuation of the “Scheme of Assistance to National Sports Federations (NSFs).”
Highlights:
The continuation of the Scheme has been authorized with a budget of Rs. 1575 crore for the XV Cycle, which runs from 2021-22 to 2025-26.
The principal Central Sector Scheme is the Scheme of Assistance to NSFs.
It is a significant source of funding for national teams preparing for the Asian Games, Para Asian Games, Olympic Games, Para-Olympic Games, Commonwealth Games (CWG), and other major international tournaments.
Use:
The cycle’s funding will be extended to NSFs for national team training for national and international events between 2022 and 2026, focusing on the Commonwealth and Asian Games in 2022, the Olympics, and the Paralympics in 2024 Asian and Commonwealth Games in 2026.