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.
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).
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.
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.
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(Release ID :89910)