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3 clusters · 9 sources · 17 days · First seen · Last updated

Indian government sports funding initiatives

Overview

The Indian government has implemented various financial support measures to bolster the nation's sporting ecosystem. At the regional level, the Delhi government approved Rs 9.75 crore in aid for 123 athletes, including 89 elite and 34 school-level sportspersons, under the Mukhyamantri Khel Protsahan Yojana. This funding covers coaching, nutrition, and equipment across several disciplines, including new additions such as Wushu, roller skating, kabaddi, handball, basketball, Mallakhamb, and Yogasana.

On a national scale, the Ministry of Youth Affairs and Sports announced a ₹7,386.74 crore outlay for the period of 2026-27 to 2030-31 through the Scheme of Assistance to National Sports Federations. Revised guidelines significantly increase financial assistance for hosting international events from ₹2 crore to a maximum of ₹50 crore to support bids for the 2030 Commonwealth Games and the 2036 Olympic Games. The scheme also introduces Olympic Training Centres designed to provide modern sports science infrastructure and reduce athlete reliance on overseas training.

To further strengthen the sector, the Indian Union Cabinet approved the Khelo India Sports Goods Manufacturing Scheme, allocating Rs 1,856.67 crore for the period 2026 to 2033-34. This initiative aims to bolster domestic manufacturing and exports through the development of Sports Goods Manufacturing Zones (SGMZs), manufacturing incentives, and investments in research, skill development, and certification facilities. The scheme is structured into manufacturing incentives, such as turnover-linked assistance, and ecosystem strengthening through support for research, quality certification, and start-ups. While industry representatives have welcomed the move, some have noted the importance of ensuring benefits reach small and medium enterprises (MSMEs) at the grassroots level.

Entities

India · Ashish Sood · Mukhyamantri Khel Protsahan Yojana · Delhi Government · Narendra Modi

Timeline

  1. [BUSINESS] 4 sources
    India approves Rs 1,856 crore Khelo India sports goods scheme

    India has approved a Rs 1,856.67 crore Khelo India scheme to boost domestic sports goods manufacturing, innovation, and exports between 2026 and 2034.

  2. [SPORTS] 3 sources
    India announces ₹7,386 crore sports funding scheme

    India's Sports Ministry has announced a ₹7,386.74 crore funding scheme for National Sports Federations to support athlete preparation and infrastructure ahead of the 2030 Commonwealth Games and 2036 Olympic bid

  3. [SPORTS] 2 sources
    Delhi approves Rs 9.75 crore aid for 123 athletes

    The Delhi government approved Rs 9.75 crore in aid for 123 elite and school-level athletes under the Mukhyamantri Khel Protsahan Yojana to support training, nutrition, and equipment.

Sources

bhaskarhindi.com · bhaskarlive.in · businesstoday.in · edexlive.com · en.etemaaddaily.com · millenniumpost.in · newsable.asianetnews.com · thekashmirimages.com · timesnownews.com

This summary has been updated 2 times: see revision history