Lok Sabha Question No. 2867 (UNSTARRED), answered on 2018-01-04
Subject: Corporate funding in Sports
Ministry: YOUTH AFFAIRS AND SPORTS
Asked by: BOORA NARSAIAH GOUD

## MINISTRY OF YOUTH AFFAIRS & SPORTS

## GOVERNMENT OF INDIA (DEPARTMENT OF SPORTS)

## LOK SABHA

## UNSTARRED QUESTION NO.2867 TO BE ANSWERED ON 04.01.2018

Corporate Funding in Sports

2867. DR. BOORA NARSAIAH GOUD:

Will the Minister of YOUTH AFFAIRS AND SPORTS be pleased to state:

- (a)  whether  it  is  a  fact  that  corporate  funding  towards  sports  is negligible;
- (b)  if  so,  the  details  of  corporate and private funding to sports in the last  ten  years  and  the  reasons  therefor,  year-wise,  State-wise  and sector-wise;
- (c) whether the Government proposes to make it mandatory to spend a part of CSR funds for promotion of sports in rural areas of the country and if so, the details thereof; and
- (d) if not, the reasons thereof?

## ANSWER

THE MINISTER OF STATE (INDEPENDENT CHARGE)

FOR YOUTH AFFAIRS AND SPORTS

(Col. Rajyavardhan Rathore (Retd.))

(a) &(b): Details of contributions made to National Sports Development Fund (NSDF), set up in 1998 to mobilize resources from Corporates, both in public sector and private sector for promotion and development of Sports in the countries, during the last ten years are given in Annexure. Other than contributions to National Sports Development Fund NSDF, the Ministry of Youth Affairs & Sports does not maintain data about the funds contributed/spent by the Corporates towards  Sports  out  of  the  funds  earmarked  for  Corporate  Social Responsibility (CSR) funding.

(c)&(d): 'Training  of  sportspersons  and  promotion  of  rural  sports, nationally recognized sports, paralympic sports and olympic sports' is already  included  as  one  of  the  activities  which  may  be  included  by companies  in  their    Corporate  Social  Responsibility  (CSR)  policies under schedule VII of the Companies Act, 2013. Further, the provisions of the Act provide the broad contours within which eligible companies are required to formulate their CSR policies subject to consent of the Board of the company concerned.

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## ANNEXURE

ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (B)  OF  LOK  SABHA UNSTARRED  QUESTION  NO.  2867  FOR  ANSWER  ON  04-01-2018 REGARDING  'CORPORATE  FUNDING  IN  SPORTS'  ASKED  BY  DR. BOORA NARSAIAH GOUD.

| Year    | Name of Donor                                                   | Amount (Rs in Lacs)   |
|---------|-----------------------------------------------------------------|-----------------------|
| 2008-09 | Board of Control for Cricket in India (BCCI)                    | 3500.00               |
| 2009-10 | RAI Foundation                                                  | 10.00                 |
| 2010-11 |                                                                 | -                     |
| 2011-12 | Jaypee Sports International Limited                             | 1000.00               |
| 2012-13 | Jaypee Sports International Limited                             | 1000.00               |
| 2013-14 | Jaypee Sports International Limited                             | 1000.00               |
| 2014-15 | India Infrastructure Finance Company Limited (IIFCL)            | 1000.00               |
|         | The Oriental Insurance Co Ltd                                   | 5.82                  |
| 2015-16 | Bank of Baroda                                                  | 100.00                |
|         | Bank of Maharashtra                                             | 10.00                 |
|         | Damodar Valley Corporation (DVC)                                | 15.00                 |
|         | Total (2015-16)                                                 | 130.82                |
|         | National Buildings Construction Corporation Limited (NBCC)      | 10.00                 |
|         | Syndicate Bank                                                  | 1.00                  |
|         | Power Grid Corporation of India Limited                         | 50.00                 |
|         | Metals and Minerals Trading Corporation of India Limited (MMTC) | 10.00                 |
|         | Antrix Corporation Limited                                      | 5.00                  |
|         | Rashtriya Ispat Nigam Limited                                   | 5.00                  |
| 2016-17 | Container Corporation of India Limited                          | 10.00                 |
|         | Power Finance Corporation Limited                               | 10.00                 |
|         | Allahabad Bank                                                  | 2.00                  |
|         | India Infrastructure Finance Company Limited (IIFCL)            | 1000.00               |
|         | State Bank of Bikaner & Jaipur                                  | 25.00                 |
|         | Electronics Corporation of India Ltd                            | 10.00                 |
|         | National Seeds Corporation Limited                              | 7.72                  |
|         | IDBI Bank Ltd                                                   | 50.00                 |

| Northern Coalfields Limited                      | 10.00     |
|--------------------------------------------------|-----------|
| The Shipping Corporation of India Ltd            | 21.00     |
| Mishra Dhatu Nigam Ltd                           | 10.00     |
| State Bank of India                              | 100.00    |
| FCI Aravali Gypsum and Minerals India Ltd        | 5.00      |
| Coal India Ltd                                   | 2500.00   |
| Bharat Dynamics Ltd                              | 225.00    |
| The New India Assurance Co Ltd                   | 100.00    |
| Mazagon Dock Shipbuilder Ltd                     | 50.00     |
| Andhra Bank                                      | 10.00     |
| Total (2016-17)                                  | 4226.72   |
| UCO Bank                                         | 10.00     |
| M/S Chennai Petroleum Corporation Ltd.           | 10.00     |
| Seva THDC (NGO under THDC India Ltd.) Rishi Kesh | 15.00     |
| Allahabad Bank                                   | 5.00      |
| SJVN Limited                                     | 10.00     |
| Total (2017-18)                                  | 50.00     |
| Grand Total                                      | 11,917.54 |