Sports Ministry signs MoU with NTPC, REC; 2 PSUs pledge Rs 215 crore to NSDF – The Sports Ministry signed a Memorandum of Understandings (MoU) with NTPC with the two PSUs pledging Rs 215 crores to the National Sports Development Fund (NSDF). Rs 115 crore will be provided by NTPC for the development of Archery and Rs 100 crore will be offered by REC for women’s hockey and boxing.
- NTPC will support the archers in partnership with the Sports Ministry, Sports Authority of India (SAI) and Archery Association of India (AAI).
- The MoU aims to provide world-class facilities with international exposure to talented players.
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