Sports policy unveiled for steel PSUs to promote sports

Birender Singh says steel ministry’s CPSEs will strive to groom medal aspirants for the Olympic Games

GN Bureau | September 6, 2018


#Birender Singh   #steel PSU   #Olympic Games   #CSR   #Indian Olympic Association   #CPSE  

Steel minister Chaudhary Birender Singh has unveiled the corporate sports policy for ministry of steel’s central public sector enterprises (CPSEs) to provide a framework for promotion of sports.

 
Singh said that sports are an indicator of a country’s economic development and strength and the steel ministry’s CPSEs will strive to groom medal aspirants for the Olympic Games. He explained that PSUs will discharge their responsibility through infrastructural and institutional support for talent spotting, scholarships, training and coaching. Stressing on the need for institutional support to sports, the minister said the Centre’s Khelo India programme, which provides annual financial assistance of Rs 5 lakh per annum for eight years to talented players identified in priority sports disciplines, has started yielding results.
 
The minister said steel CPSEs will allocate a specific budget for sports activities, as per their financial strength which would be separated from the company’s CSR funds. He further said the steel CPSEs will encourage rural sports, sports for differently-abled and activities for homemakers by sponsoring annual and periodic sporting events. The PSUs will also sponsor national and international sporting events.
 
All the steel CPSEs will form an apex sports body which will get affiliated to National Level Sports Associations and Federations, Indian Olympic Association (IOA) and Para Olympic Federation and Association. Maharatna and Navaratna PSUs may set us sports academy in at least one of the identified sports discipline and maintain infrastructure there for including general fitness equipment and facilities.
 
 

Comments

 

Other News

The light turns amber

In a black salwar-suit and matching headscarf, Ruksana (name changed) listens carefully from a corner of the hall. Members of her support group are talking about their suffering, struggles, aspirations and achievements. At her turn, she slowly opens up. Like that of many others, her story is one of deceit,

Aero India 2019 kicks off in Bengaluru

Five day long Aero India -2019 organised by Hindustan Aeronautics Limited (HAL) was inaugurated at Air Force Station, Yelahanka, Bengaluru on Wednesday.   The French origin Rafale fighter jets are also participating in the event.   Asia’ largest

BHEL builds India’s first regenerative 5,000 HP electric locomotive

In a major technological breakthrough, BHEL has developed the country’s first such regenerative 5,000 horse power (HP) WAG-7 electric locomotive with a modern regeneration system for Indian Railways.   The electric loco was flagged-off by member traction, railway board, Gha

Prime Minister dedicates Rs 33,000 crore projects in Begusarai

Prime Minister Narendra Modi dedicated a host of developmental projects at Ulao airport in Begusarai, Bihar. Modi said these projects will fuel the progress of Bihar and the eastern states. He said that Bihar had the potential to play a pivotal role in driving the growth of the country. “The

IOCL finalises term contract for import of US crude oil grades

IndianOil Corporation has finalised a term contract for import of up to three MMT (million metric tonnes) of crude oil of US origin grades to diversify term crude sources in 2019-20 fiscal. The enterprise has finalised the contact on February 15, 2019.   The value of the cont

For a healthy tomorrow

When Dr Shruti Kamdi (pictured on left), a transfusion specialist at a leading Mumbai hospital, had her first child, she struggled to nurse her baby as she was unable to secrete enough milk. Admitted to a private hospital, she was put on medication to increase breast milk. But that didn’t help much.

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter