Sports budget of India 2022 increased to 3062 crore

Latest updates: Sports budget of India 2022 get a high rise of 305 crore and 3062 crore is that approximate increased amount of funds for the financial year 2022-23. On Tuesday February 1, 2022 the Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha which reveals an increament of more than 300 crore in funds in sports allocation. To know more and detailed information about the whole budget check our this webpage thoroughly. And make a regular visit on our portal to get latest information about education, sports, vacancies and other sectors.

It may be possible that after the successful year 2021 in the sports field at global level, the government may decided to encourage the youth by spending more on sports activities and provide more facilities to our sports men. To boost up their energies and provide new opportunities to them by which the government see the increase in the sports field.

Some Global events for Sports Budget of India 2022

At Tokyo Olympics, Neeraj Chopra make a history by achieving gold in Javelin throw.
Two global events-

  • The Birmingham Commonwealth Games
  • Hangzhou Asian Games

The government may consider all the efforts of the sports person and decided to increase the sports budget 2022.

The government of India had budgetted Rs 2596 crore approx. for sports, that was revised later to Rs 2757 crore approx.

However, the sports budget has been increased by Rs 305.58 crore.

The total increased budget for Khelo India programme is Rs 974 crore which is Rs 657.71 crore more than the previous financial year budget, which was presented on Tuesday by Finance Minister Nirmala Sitharaman.

About Sports Budget of India 2022

In the last financial year 2021-22, the Financial allotment for government’s flagship Khelo India program was Rs 657.71 crore.

The total issued amount for the National Youth Empowerment Program ( NYEP ) is also at increase of Rs 30 crore that is from Rs 108 crore to Rs 138 crore.

“An AVGC promotion task force with all the stakeholders will be set up to recommend ways to realise this and build domestic capacity for serving out markets and the global demand”, by the Finance Minister about the gaming section.

Deloitte India said PTI, ‘the move will help India achieve its potential of 20 Lakh jobs in the province’,’Partner & media and entertainment sector leader, Jehil Thakkar, Commenting on the announcement.

Like sports, these are some critical skills which helps India for the growth of the metaverse and India is ready to take all the advantages of this ecosystem.

So, the government also take the stands for the different sectors like nowadays the increase of sports budget will help and encourage the youth to do their best and to be on the top.

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