Sports Ministry announced new incentive structure to fund 500 private academies

The Sports Ministry has introduced a incentivisation structure to extend monetary support to 500 private academies, through the Khelo India Scheme over the next four years starting FY 2020-21.

Daily Current Affairs Quiz 2020

Key-Points

 In this model, private academies shall be graded into different categories based on quality achievement of players trained by the academy, level of coaches available at the academy, quality of Field of Play and allied infrastructure, availability of sports science facilities and staff.

The 14 priority disciplines identified for excellence in 2028 Olympics will be eligible for receiving support in the first phase.

Under the scheme, SAI and NSFs will be working together. SAI will also hold discussions with NSFs and implement categorisation and gradation of the academies.

The number of academies to be funded and the quantum of funding under each discipline will be determined by an objective evaluation of the need for investment and each NSF’s capabilities to leverage the incentivisation model and promote excellence in Olympics in their respective discipline. 

There will be a special focus on developing sports science facilities at all the academies to improve the overall quality of training.

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