The Sports Ministry received a notable hike in its allocation in the interim Union Budget 2024 tabled on Thursday (February 1) as the nation gears up for the highly-anticipated Paris Olympics scheduled for July-August 2024.
In her sixth Budget Speech on the floor of Lok Sabha, Union Finance Minister Nirmala Sitharaman announced an allocation of Rs 3,442.32 crore for the Sports Ministry, marking an increase of Rs 45.36 crore. This surge in funding comes at a critical juncture as elite athletes intensify their preparations for the upcoming Olympic Games.

The Narendra Modi government's flagship programme, Khelo India, received a boost with an allocation of Rs 900 crore, indicating the government's commitment to nurturing grassroots talent. SAI, instrumental in providing infrastructure and support to athletes, saw a significant increase in its budget, enabling better facilities for training and development.
The NSFs, crucial for the development of various sports disciplines, received a hike in funding, emphasising the government's focus on promoting diverse sporting activities across the country. Additionally, NADA and NDTL, essential for maintaining integrity in sports through anti-doping measures, received enhanced allocations.
However, some sectors witnessed reductions in funding, including incentives for sportspersons and the National Sports Development Fund. Nevertheless, the overall increase in allocation reflects the government's commitment to fostering a thriving sports ecosystem in India.
In response to the interim budget, Vishwas Choksi and Rishikesh Joshi, Founders of Sports For All (SFA), highlighted the significance of empowering youth and nurturing sporting potential in the nation. They emphasised the importance of initiatives like the SFA Championships, which promote sports at the grassroots level and contribute to the overall development of the sporting landscape.
"The emphasis of the Interim Budget 2024 on empowering our youth and acknowledging the immense sporting potential in our nation, sets this budget apart. Increasingly as the discussions around enabling sports for youth gets centre-stage in the country, the pathway to becoming a sporting powerhouse and elevating the entire sporting landscape of our nation gets stronger," the SFA statement stated.
"Road to the 2036 Olympics is all about prioritizing sporting excellence and building a platform for our youth to compete at - a vision that we are dedicatedly working towards. One such endeavour is the SFA Championships, city-based multi-sport competitions, where 31 sports across 9 cities - Mumbai, Delhi, Bangalore, Ahmedabad, Jaipur, Hyderabad, Pune, Uttarakhand, Indore - were conducted within a span of 3 months.
"This city-based sporting competition strengthens the local support system and plays a crucial role in mobilizing the economies of each city, through sports. With the collaborative support of the government and private entities, this holistic approach will ensure that our country's sporting ecosystem reaches greater heights, producing more grandmasters across sports than ever before," it further added.
The increased funding and strategic initiatives outlined in the interim budget signal a promising trajectory for Indian sports on the global stage. With collaborative efforts between the government and private entities, the vision of a sporting powerhouse is within reach, promising a brighter future for athletes across the nation.