Register


3 months Free Trail

Get world class research developed by an in house team of professionals backed with strong institutional support. With reports that span across time horizons, styles and easily actionable strategies, you are never too far from executing a winning trade.

Key features and benefits of Registeration :
  • My Portfolio : Access 360° View not only of your Portfolio with Emkay, but all your Investment Portfolios
  • Emkay Research : Get Emkay's exclusive Research Reports & Trading Ideas.
  • My Watch list : Track your favorite stocks, Derivatives, Currencies, Commodities, Mutual funds on the go
  • Markets : Grab Stock Market Information at your fingertips
  • News & Announcements : Stay Updated 24x7 with news that matters.
  • Alerts : Get Alerts on Emkay Research, Trading Ideas, news on your portfolio holdings & watchlist

Forgot password

Change password

Forgot Customer Code

Would you like to create a personalised login id for logging in to Emkay Website ?

Change Personalised Login ID

Sports Ministry grants Rs 35cr to SAI for TOPS athletes

Share Source By

Dion Global

07 Feb 2019

The Sports Ministry has granted Rs 35 crores from its National Sports Development Fund (NSDF) to the Sports Authority of India (SAI) for customised training of athletes who are included in the Target Olympic Podium Scheme (TOPS).

In addition, the Ministry has also disbursed an amount of Rs 5.98 crore for athletes across 22 disciplines seeking funds from NSDF during 2018.

NSDF funds are allocated specifically for those athletes, who appeal for financial assistance from the government.

Replying to a question on the amount of funds disbursed, a complete data (till December 31, 2018) was released.

While Rs 7.24 crore, Rs 6.25 crore and Rs 9.02 crore (all approx) were spent during financial years 2017-18, 2016-17 and 2015-16 respectively, the current year's spending till December is Rs 5.98 crore.

In most of the disciplines, funding sought has decreased with only Rs 42.5 lakh disbursed in archery compared to Rs 64 lakh during last financial year.

Similarly, assistance sought has decreased in athletics (1.04 crore to Rs 87.5 lakh), badminton (Rs 35 lakh to Rs 27.5 lakh), shooting (Rs 1.11 crore to Rs 89.5 lakh), and weightlifting (Rs 40.5 lakh to Rs 13.5 lakh).

The disciplines where more financial assistance was sought include boxing (Rs 52.5 lakh to Rs 63.5 lakh) and chess (Rs 9.45 lakh to Rs 38.58 lakh).