February 1, 2021
1 min read

Modi Budget deeply cuts sports

The Sports 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…reports Asian Lite News

https://www.youtube.com/watch?v=dVDaVCmFSsM

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

Also read:Budget 2021 ruins middle class hopes

Previous Story

Budget 2021 ruins middle class hopes

Next Story

India expresses “deep concern” over military coup in Myanmar

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power

OPEC+ accelerates oil output hikes

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions. Eight OPEC+ nations have unexpectedly decided to accelerate their oil
Go toTop