Sports ministry sanctions Rs 7.95 crore for Oly preparation | Latest News India - Hindustan Times
close_game
close_game

Sports ministry sanctions Rs 7.95 crore for Oly preparation

PTI | By, New Delhi
Jan 31, 2012 07:54 PM IST

The sports ministry has sanctioned financial assistance of Rs 7.95 crore from National Sports Development Fund (NSDF) for imparting customised training to elite athletes, who are medal prospects in the London Olympics and other major international sports events.

The sports ministry has sanctioned financial assistance of Rs 7.95 crore from National Sports Development Fund (NSDF) for imparting customised training to elite athletes, who are medal prospects in the London Olympics and other major international sports events.

HT Image
HT Image

The financial assistance that will also include air fare has been granted to 45 sportspersons and 12 coaches and support staffs under Operation London Excellence 2012.

Hindustan Times - your fastest source for breaking news! Read now.

Out of this, a sum of Rs 4.21 crore has already been released to the sportspersons. The aid sanctioned is towards extensive training abroad, engagement of personal coaches both foreign and Indian, competitions exposures abroad, scientific back-up in terms of sports psychologists, physiotherapists, masseurs etc.

So far, 18 sportspersons have been given financial assistance from NSDF under OPEX 2012 that include four shooters, eight athletes and six tennis players for training abroad.

In addition, two teams of four male and five female gymnasts were sponsored by NSDF for training while the participation of Indian boxing team in three competitions was also financed from NSDF.

The NSDF assistance in all these cases has been processed after the approval of the steering committee for OPEX 2012.

Most of these sportspersons are undergoing training and money will be released in installments after getting statements of accounts, mostly on quarterly basis, and periodical performance report from the institutes/coaches.

Unveiling Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!

Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On