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IOA Boosts Funding: National Sports Federations Get Rs 20 Lakh Annual Grant

The Indian Olympic Association has significantly increased its annual financial support for national sports bodies. Funding for National Sports Federations will jump from Rs 7 lakh to Rs 20 lakh, while state Olympic associations will receive Rs 10 lakh. President PT Usha emphasized the AGM's success and a commitment to reform and athlete welfare. Initiatives were also highlighted to develop Ahmedabad into a major sports hub.

Key Points: IOA Increases Annual Funding for Sports Federations & State Bodies

  • Annual grant for NSFs triples to Rs 20 lakh
  • State Olympic bodies get Rs 10 lakh
  • Focus on athlete welfare and transparency
  • Ahmedabad development as sports hub
2 min read

IOA to increase annual funding for national sports federations, state Olympic bodies

IOA President PT Usha announces major funding hike for national sports federations to Rs 20 lakh and state Olympic bodies to Rs 10 lakh annually.

"This AGM reflects our collective commitment to reform, transparency, and above all, to our athletes. - PT Usha"

Ahmedabad, January 10

The Indian Olympic Association President PT Usha said that the IOA Annual General Meeting on Friday was successful and announced a major increase in funding of annual grants for national sports federations, saying it will rise from Rs 7 lakh to Rs 20 lakh.

In addition, PT Usha also confirmed that the state Olympic bodies will receive Rs 10 lakh instead of Rs 7 lakh. She also highlighted upcoming initiatives to develop Ahmedabad into a major sports hub.

"The AGM went very well. We will increase the annual funds allocated to each national sports federation from Rs 7 lakhs to Rs 20 lakhs. State Olympic bodies will receive an enhanced sum of Rs 10 lakh annually, up from Rs 7 lakh earlier. A lot of changes are coming up in Ahmedabad to make it a sports hub," PT Usha said while speaking to the media after the conclusion of the IOA's Annual General Meeting on Friday.

The meeting brought together representatives of national sports federations, athletes' representatives, and IOA office-bearers to review the work undertaken over the past period and chart the way forward for the Olympic movement in India, according to an IOA release.

Addressing the AGM, IOA President PT Usha said, "This AGM reflects our collective commitment to reform, transparency, and above all, to our athletes. Over the last period, we have taken decisive steps to modernise the IOA and place athlete welfare at the heart of every initiative. Our journey is focused on building a strong, ethical, and globally respected Olympic movement for India."

"As we honour the legacy of those who guided Indian sport before us, we also reaffirm our resolve to work together, federations, athletes, and administrators, to ensure that Indian sport continues to grow with integrity, inclusivity, and excellence," she added.

- ANI

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Reader Comments

S
Sarah B
While the increase is welcome, I sincerely hope there is strict accountability for how this money is spent. We've seen funds disappear before. Transparency is key.
V
Vikram M
Good move, but Rs 20 lakh per federation still seems quite low for a country of our size and sporting ambitions. The focus on Ahmedabad is interesting, but development should be pan-India.
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Priya S
PT Usha leading from the front! An athlete president understands the real needs. Hope the state bodies use the extra ₹3 lakh wisely to scout talent from smaller towns and villages.
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Rohit P
Finally some good news for sports administration. The words "transparency" and "athlete welfare" sound great, but implementation is everything. Let's see the action on the ground.
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Michael C
A nearly 3x increase is significant. This should help federations with travel for competitions, equipment, and coaching workshops. A step in the right direction for building a sustainable sports ecosystem.

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