Who signs MoUs National Thermal Power Corporation (NTPC) and Rural Electrification Corporation (REC) for development of sports in India?

NEDL

NDFI

NHDF

NSDF

Correct Answer : NSDF

National Sports Development Fund(NSDF) of the Department of Sports 14th Sep 2022 signed a Memorandum of Understandings- MoUs with National Thermal Power Corporation-NTPC and Rural Electrification Corporation- REC for the development of sports in India.

The MoUs were signed in presence of Union Power Minister "R K Singh" and Union Minister for Youth Affairs and Sports "Anurag Thakur" in New Delhi.

Speaking on the occasion, Mr Anurag Thakur said, both the PSUs -NTPC and REC have provided financial support of 215 crore rupees for the development of sports. He said, NTPC has contributed an amount of 115 crore rupees over the next 5 years for Archery while e REC committed an amount of 100 crore rupees over 3 years to support Women’s Hockey, Athletics and Boxing.

The support towards NSDF has come through its Corporate Social Responsibility mandate. Mr Thakur said the contribution by the Power Ministry will go a long way in energizing the sports sector and encourage the sportspersons to win more medals for the country. He said, everyone, from corporates to individuals and from various institutions to States, should work together as a team..

Source : News on Air

Published On : September 15, 2022

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