Proposals for financial assistance from reputed organization/institutes, engaged in promotion of sports, for development of sports infrastructure, procurement of equipment and other sports activities are also considered and decided by the Executive Committee.Sports Authority of India and the concerned National Sports Federations are normally consulted before selection of sportspersons.Domain experts are also consulted wherever necessary.The Committee takes decisions based on the past performance and future potential of the applicants.Applications/proposals from individual sportspersons for financial assistance for training and purchase of equipment are considered and decided by the Executive Committee.The Executive Committee meets as often as necessary, but normally not less than four times a year. The day to day working of the Fund is managed by an Executive Committee headed by Secretary (Sports). The Council decides all policy matters relating to the Fund. Members of the Council include senior Officers of the Department of Sports, Chairman & Managing Directors of Private and Public Sector Companies / Corporations, representatives of Sports Promotion Boards, etc. Union Minister in charge of Youth Affairs and Sports is the Chairperson of the Council. The Fund is managed by a Council constituted by the Central Government.
To provide low-interest or interest-free loans for projects and activities related to any of the aforesaid objects.To promote international cooperation, in particular, exchanges which may promote the development of sports.To identify problems and take up research and development studies for providing support to excellence in sports.To supply sports equipments to organizations and individuals for promotion of sports and games.To construct and maintain infrastructure for promotion of sports and games.To impart special training and coaching in relevant sports disciplines to sports persons, coaches and sports specialists.To administer and apply the moneys of the Fund for promotion of sports in general and specific sports disciplines and individual sports persons in particular for achieving excellence at the National and of International level.Role of the Fund is supplementary to the overall policy and activities of the Department of Sports in achieving excellence in sports.The Fund also provides financial assistance for development of infrastructure and other activities for promotion of sports.The Fund helps sportspersons excel by providing them opportunities to train under coaches of international repute with technical, scientific and psychological support and giving them exposure to international competitions.Purpose of creation is to impart momentum and flexibility to assisting the cause of sports.It was notified by Government of India in November, 1998.National Sports Development Fund (NSDF) was established in 1998 under the Charitable Endowments Act 1890.
0 kommentar(er)
