New Delhi, Oct 16 National Sports Federations will be entitled to financial support of up to Rs 50 crore to organise international events, the Sports Ministry announced on Friday while unveiling the operational guidelines for the revised Scheme of Assistance to NSFs.
Previously, the NSFs were given up to Rs two crore for conduct of international events in the country.
The Ministry said the new guidelines align with India’s long-term sporting vision and preparations for the 2036 Olympic bid and 2039 Commonwealth Games in Ahmedabad.
“Now, financial support of upto NSFs for hosting an international event, depending upon the nature and importance of the event, number of participating countries and athletes. Proposals of NSFs will be assessed by a designated Committee headed by Secretary (Sports),” stated a release from the Ministry.
In addition, provision has been made in the revised scheme to provide assistance up to Rs 50 crore for conduct of National Games.
The funds would go towards sports equipment, Timing, Scoring and Result (TSR) services, remuneration to technical officials and technical conduct.
(PTI News)
