Budget 2026 Boosts Khelo India, Sports Manufacturing for 2036 Olympics

The Union Budget 2026-27 outlines a strategic shift in India's sports policy, focusing on long-term ecosystem development over mere event funding. Finance Minister Nirmala Sitharaman proposed a decade-long Khelo India Mission and a dedicated initiative to establish India as a global hub for affordable, high-quality sports goods manufacturing. A significant Rs 10,000 crore SME growth fund was announced to nurture future champion enterprises in the sector. The budget also increased allocations for key bodies like the Sports Authority of India and National Sports Federations, aiming to build a robust foundation for the 2030 Commonwealth Games and 2036 Olympics.

Key Points: Budget 2026: 10-Year Khelo India Mission & Sports Hub Plan

  • 10-year Khelo India Mission launched
  • Rs 10,000 crore SME growth fund for future champions
  • Push to make India a global sports goods hub
  • Increased budget for Khelo India and Sports Authority
3 min read

Sports Budget proposes a long-term Khelo India mission, boost to sports goods manufacturing and talent development

FM Sitharaman announces long-term Khelo India Mission, Rs 10,000 cr SME fund, and push to make India a global sports goods manufacturing hub.

"India has the potential to emerge as a global hub for high-quality, affordable sports goods. - Nirmala Sitharaman"

New Delhi, Feb 1

An increase in the budget outlay, a push for sports goods manufacturing, and a proposal to extend the Khelo India Mission for the next 10 years were the major takeaways for sports in the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman in New Delhi on Sunday.

These major initiatives make it clear that the government is trying to change the country's sports ecosystem from funding events and athletic support to creating infrastructure, developing and nurturing talent, and being self-reliant when it comes to equipment and infrastructure. These moves are aimed at developing the Indian sports ecosystem capable of putting up its best foot forward at the 2030 Commonwealth Games and the 2036 Olympics, for which the country has bid.

With that in mind, the Finance Minister on Sunday proposed plans for a major upgrade in infrastructure and for the development of sports at the grassroots level.

"India has the potential to emerge as a global hub for high-quality, affordable sports goods," Sitharaman said in her Budget speech. "I propose a dedicated initiative for sports goods that will promote manufacturing, research, and innovation in equipment design as well as material sciences."

"I propose to introduce a dedicated Rs. 10,000 crores SME growth fund to create future champions, incentivising enterprises based on select criteria," the Minister added.

The government also proposed a long-term Khelo India Mission that will be in force for the next 10 years.

"Taking forward the systematic nurturing of sports talent which is set in motion through the Khelo India programme, I propose to launch a Khelo India Mission to transform the sports sector over the next decade," Sitharaman said.

The Ministry of Youth Affairs and Sports has flagged the cost of sports equipment as prohibitive for sportspersons and urged the government to take note of this. On Sunday, the government took action on this matter and proposed to develop India as a global sports goods hub, benefitting existing centres like Meerut and Jalandhar while making it an attractive sector for investment.

Sitharaman proposed a plan to boost sports goods manufacturing, which could also directly benefit India's existing hubs, like Meerut and Jalandhar, while also making equipment more accessible domestically.

Finance Minister Sitharaman also noted the sports sector's potential as a driver of employment, skilling, and job creation.

The sports sector provides "multiple means of employment, skilling and job opportunities", the minister said, underlining the government's intent to develop sports as an economic ecosystem, including training, coaching, equipment manufacturing, and support services.

The government has also increased the total budget allocations for the Ministry of Youth Affairs and Sports in this budget.

The budget for the Khelo India programme has been increased fromRs 800 crore to Rs 1000 crore, while among the other major hikes, the budget for Sports Authority of India (SAI) has been increased from Rs 815 crore to Rs 830 crore, while the outlay for incentives to athletes was reduced from 42.65 crore to Rs 37 crore.

The National Sports Federations will get more now with the budget increased from Rs 340 cr to Rs 400 cr, while the National Dope Testing Laboratory will get Rs 23 crore instead of Rs 18.70 cr it was allocated in the last budget.

- IANS

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Reader Comments

P
Priya S
Good to see the focus on manufacturing and infrastructure. But I have a small concern - why is the outlay for athlete incentives reduced? Our champions need financial support too, not just future planning. Hope this doesn't demotivate current medal hopefuls.
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Vikram M
Finally, a budget that thinks beyond cricket! The focus on grassroots development and making equipment affordable is crucial. So many talents in rural areas and small towns quit because they can't afford gear. This initiative can change that. Jai Hind!
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Rohit P
As someone from Meerut, this is excellent news for our local industry. We already make quality sports goods, but with government support and the SME fund, we can truly become a global hub. More jobs and better products for our athletes - win-win!
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Sarah B
The 10-year vision for Khelo India is impressive. Sustainable sports development needs this kind of long-term commitment, especially with the 2036 Olympic bid. Building the ecosystem from manufacturing to coaching is the right approach.
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Michael C
The increase for National Sports Federations and the Dope Testing Lab is a positive step. Clean sport and well-funded federations are key. Hope the funds reach the athletes and aren't lost in bureaucracy. Implementation will be everything.

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