Coronavirus Outbreak: IOA to issue financial grants to National Sports Federations without documentation in wake of COVID-19

Some of its member units have not submitted the required documents but the Indian Olympic Association is likely to release the financial grants due to them in view of the difficulties arising out of the COVID-19 pandemic.

 Coronavirus Outbreak: IOA to issue financial grants to National Sports Federations without documentation in wake of COVID-19

File image of Narinder Batra. AFP

IOA President Narinder Batra said the National Sports Federations and the state Olympics associations will have to furnish an undertaking that they will submit the documents in due course.

"IOA has been providing financial assistance/grant to its affiliated NSF's and SOA's for the year 2018 -19 and has so far released funds to those members that have submitted the required documents," Batra said in a statement.

"It has been observed that quite a few NSF's/SOA's have yet not submitted their required documents for releasing the grant. As the whole country is in lock-down due to the outbreak of COVID-19, in IOA we understand that the submission of the required documents will take time from your end," he added.

Batra said considering it is the financial year-end he would seek "approval of IOA EC, chair and members Finance Committee, Secretary-General, Treasurer to consider for releasing the grant subject to the submission of an undertaking given by the concerned member to fulfil the norms for receiving the financial assistance/grant for the said year."

The IOA began giving out financial assistance to the NSFs and SOAs in 2015, handing them Rs 3 lakh each but later increased to Rs 6 lakh as the sponsorship revenue increased.

Click here to follow LIVE updates on coronavirus outbreak

Updated Date: Mar 31, 2020 20:55:42 IST



Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

CORONAVIRUS

COVID-19 Information Centre

  • 24 hrs. helpline no. -
  • +91-11-23978046
  • 24 hrs. toll free no. -
  • 1075

India

  • Active Cases

  • Total Confirmed

  • Cured/Discharged

  • Total DEATHS

*change over the previous day
Data Source: Ministry of Health and Family Welfare, India
Updated: Jun 01 (08 AM)
Hospitals & Testing centres

World

  • Active Cases

  • Total Confirmed

  • Cured/Discharged

  • Total DEATHS

*change over the previous day
Data Source: Johns Hopkins University, U.S. (www.jhu.edu)
Updated: Jun 01 (08 AM)
Hospitals & Testing centres