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English Release 30-October 2014
Date Month Year
  • President's Secretariat
  • President to flag off the ‘Run for Unity’ tomorrow at Rashtrapati Bhavan
  • Vice President's Secretariat
  • STUDENTS FROM J&K UNDER AEGIS OF SADBHAVNA EDUCATIONAL /MOTIVATIONAL TOUR CALL ON VICE PRESIDENT
  • Vice President Inaugurates 7th Asia-Pacific Heart Rhythm Scientific Session
  • Prime Minister's Office
  • PM condoles loss of lives in Sri Lanka landslide
  • Shri Azim Premji calls on the Prime Minister
  • Goa CM calls on PM
  • Department of Space
  • Engineers’ Conclave-2014 to be held in Bangalore
  • Min of Agriculture
  • Shaida Moh. Abdali Afghanistan Ambassador Calls on Union Agriculture Minister Shri Radha Mohan Singh
  • Good Performance of NCDC
  • Min of Consumer Affairs, Food & Public Distribution
  • Sugar production estimated 250.46 lakh tons during 2014-15
  • Ministry of Finance
  • Government Announces Measures for Fiscal Prudence and Economy; Every Ministry / Department to Effect A Mandatory 10% Cut in Non-Plan Expenditure; Utmost Economy to be Observed in Organizing Conferences/Seminars/Workshops; Ban on Purchase of Vehicles; in all Cases of Air Travel, the Lowest Air Fare Tickets Available for Entitled Class to be Purchased/Procured.
  • Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services;
  • Finance Minister Asks the Senior Officers of the Income Tax Department not to Lose Sight of Domestic Black Money
  • Min of Health and Family Welfare
  • For ending TB, Dr Harsh Vardhan calls for “Power of belief”
  • Min of Home Affairs
  • Activities on Rashtriya Ekta Diwas celebrations on 31st October
  • Union Home Minister Approves Grant of Higher Compensation to Victims of Riots, Naxal and Terrorist Violence
  • Min of Human Resource Development
  • Ministry of HRD to Host 2nd Meeting of SAARC Education Ministers
  • Min of Minority Affairs
  • Shri Arvind Mayaram is New Secretary of Minority Affairs
  • Min of Personnel, Public Grievances & Pensions
  • Early closure of Government Offices today in connection with the “Run for Unity” flag off at Vijay Chowk
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 85.14 per bbl on 29.10.2014
  • Min of Urban Development
  • Japan offers assistance in promoting Intelligent Transport Systems
  • Ministry of Water Resources
  • Uma Bharti to Visit Kanpur Tomorrow
  • Min of Women and Child Development
  • Smt. Maneka Sanjay Gandhi to hold first round of Regional Consultations on Beti Bachao Beti Padhao Scheme in Chandigarh tomorrow

Previous Date

 
Ministry of Skill Development, Entrepreneurship, Youth Affairs and Sports04-December, 2012 17:28 IST
National Sports Development Fund

 

The Minister of State (Independent Charge) for Youth Affairs & Sports Shri Jitendra Singh has said that the National Sports Development Fund (NSDF) was established under Charitable Endowments Act 1890 vide Government of India Notification dated 12.11.1998.  The Fund has been established with the objects of promotion of sports and games in the country with emphasis on providing special training and coaching to sportspersons for achieving excellence at national and international level.  The fund also provides assistance for development of infrastructure for promotion of sports. 

 

In a written reply in the Lok Sabha today Shri Jitendra Singh said, the management and administration of the Fund vest with the Council of NSDF, constituted by the Central Government.  The Council was last reconstituted in March 2012.  Union Minister in-charge of Youth Affairs & Sports is the ex-officio Chairperson of the Council.  The members of the Council include senior officers in the Department of Sports, representatives of Apex industry bodies and Sports Promotion Boards of some organizations. The day-to-day working of the Fund is managed by an Executive Committee which is headed by Joint Secretary (Sports).

 

A statement giving details of the contributions made by the Government of India is attached at Annexure-I. A statement giving details of funds received from various organizations/individuals and other sources during each of the last three years and the current year is attached at Annexure-II. A statement giving details of the financial assistance given to sportspersons for sports training-cum-competitions during the said period is attached at Annexure-III.

 

The Minister said, proposals received from sportspersons and institutes/organizations seeking financial assistance are cleared by the Executive Committee based on merit, provided they fall within the ambit of the objectives of the Fund. The contribution to NSDF is exempted from payment of Income Tax in terms of the provisions of 80 G (2) (iiihg) of the Income Tax Act, 1961.

 

Click here to see Annexure

 

***

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(Release ID :89910)

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