New Delhi (The Stellar News): Good news for athletes. The sports sector has received its highest-ever budget allocation in history. With an over 300 Crore jump, sports sector has received Rs 3397.32 Cr allocation in the new FY 2023-24 Union Budget. The Union Finance Minister presented the budget for 2023-24 at the parliament today. With Asian Games 2023 coming up and Paris Olympics preparations in full-swing, the Finance Ministry has recognised the importance of increasing the budget. Khelo India recieved a whopping 1045 Cr funding.
In the 2022-23 budget, the sports sector received a Rs 358.5-Cr increase in funds. From ₹2757.02 in 2021-22, it was increased to ₹3062.60 crores last year. Through TOPS (Target Olympic Podium Scheme), athletes also received a big boost in training.
