Sports sector

Finance Minister Nirmala Sitharaman: Sports industry watchers on Saturday welcomed the government's decision to allocate increased funds for Khelo India, the Centre's flagship project that will get Rs 900 crore in the 2024-25 financial year.

The Rs 900 crore that Khelo India received is the highest allocation from the Sports Ministry's total budget of Rs 3,442.32 crore in the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday.

The budgetary allocation for sports for this financial year is very slight as the Olympic cycle concludes in August while the next Commonwealth Games and Asian Games are two years away.