The recent union budget has allocated a significant amount for sports development, but experts argue that it’s not enough. With a focus on subsidies and incentives, the government aims to promote sports infrastructure. However, the fiscal deficit and borrowing plans may hinder the progress.
The sports ministry has been allocated a budget of Rs 10 billion, a 10% increase from the previous year. This increase is expected to benefit national sports federations and promote grassroots development. Despite the challenges, the government remains committed to supporting sports initiatives, with a focus on Olympic sports and athlete development.
The budget also includes provisions for tax exemptions on sports equipment and infrastructure development.