Tuesday, 5 July, 2022
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Govt allocates Tk 1,282cr for Youth and Sports Ministry in FY 2022-23

The government has allocated Taka 1,282 crore for the Youth and Sports Ministry in the proposed annual budget for the 2022-23 fiscal, little-changed from the amount in the outgoing 2021-22 fiscal’s revised budget of Tk 1,264 crore.     

Of the proposed allocation of Tk 1,282 for the next financial year,  Tk 876 crore shown as operating cost and Tk 406 crore shown as development expenses.

The budget allocation for the 2021-22 fiscal was Tk 1,122 crore, which was later raised to Tk 1,264 crore in the revised budget, which is a rare occurrence since allocations are usually revised downwards. 

In a budget speech at the Jatiya Sangsad on Thursday (June 9), Finance Minister AHM Mustafa Kamal said the government has been constructing and developing various sports infrastructures including modern stadiums, gymnasiums, and swimming pools, with the aim of improving the quality of sports and augmenting sporting and athletic opportunities.

There are 8 (eight) ongoing projects in Fiscal Year 2021-22 for construction and development of sports infrastructure, one of which is the construction of Sheikh Russell Mini Stadium as an Upazila Level project. 

Side by side, the government seeks to invest in training for the players by skilled and experienced coaches with the aim of producing skilled players, improving the quality of rural sports and provision of long term trainings for talented players, selected through talent hunts).

In addition, regular financial grants and sports equipment are being allocated to various sports federations/associations/organizations for organizing sports events and participation in domestic and international sports events. The Sheikh Kamal National Sports Council Award has been introduced to promote the sports, which is being awarded to the eminent athletes/organisers.