Even though the NSF chiefs criticised the move, Gill said the regulation would go a long way to streamline Indian sports.
"I passed this order in confidence that it will serve the best interest of the sportspersons of the country and it will give an impetus to transparent and professional management of Indian sports in the new century," the Sports Minister said.
The 1975 regulation was kept in abeyance by the then Sports Minister Uma Bharti but Gill felt it was a wrong move.
"I am satisfied that the cryptic order, passed on 24.8.2002, by the then minister, blocking the perfectly valid and well considered regulations of 1975, served no public interest. I have, therefore, set it aside," Gill said.