The government today unveiled corporate sports policy for CPSEs. The policy was launched by Steel Minister Birender Singh in New Delhi. It will provide a policy framework for CPSEs for their sports promotion.
The policy will give adequate access to sports and support them for wholesome recreation, positive health, competitive excellence and social harmony. CPSEs, under the Steel Ministry, will strive to groom sizeable number of medal hopes for the Olympics, in particular for the Olympic Games being held in 2024. Under the policy, CPSEs will discharge their responsibility through infrastructural and institutional support for talent spotting, scholarships, training and coaching.
Speaking on the occasion, the Minister said, CPSEs will allocate a specific budget for sports activities to extend financial support as per their capability and financial strength. He said, CPSEs under Steel Ministry will encourage rural sports, sports for differently abled and activities for homemakers by sponsoring annual and periodic sports.
