Budget for sports increased by 1.95 billion

Published On: May 30, 2019 11:08 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, May 30: The government has increased the budget for sports development by Rs 1.96 billion for the upcoming fiscal year. 

In the annual budget for Fiscal Year 2019/20 announced on Wednesday, the government has allocated a total budget of Rs 3.99 billion for sports, including Rs 1 billion for the under-construction Mulpani Cricket Stadium that is currently hosting the Prime Minister Cup One-Day Cricket Tournament. 

The Ministry of Youth and Sports (MoYS) had allocated Rs 2.04 billion for sports development last year.

In the budget speech, Finance Minister Yuba Raj Khatiwada said that construction of cricket grounds will be encouraged and assisted, by mobilizing the private sector as well.

The government has put the building of sports infrastructure in high priority. 

It has planned construction of cricket academies, without mentioning the budget for the purpose.
Similarly, the government has allocated Rs 4 billion in the fiscal year for building a multi-purpose world-class sports center in Kathmandu. 

Likewise, for the campaign 'one sports teacher per school', a budget of Rs 50 million has been allocated.

The government has also allocated budget to speed up the construction works for the 13th South Asian Games (SAG) which is set to be held in Kathmandu and Pokhara in December, and the Ninth National Games to be held in Gandaki Province next year. 

Likewise, programs shall be organized for training and capacity building of athletes at the federal, state and local levels.

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