The Ministry of Youth Affairs and Sports is the nodal ministry responsible for the promotion and development of sports in India, including the allocation and distribution of funds for various sports activities.

Government funding is the primary source of sports funding in India, with the majority of funds allocated through the Ministry of Youth Affairs and Sports and various state governments.

The Khelo India Scheme is a flagship government program that aims to promote sports at the grassroots level and provide financial assistance to talented sportspersons for training, competitions, and other related expenses.

The Sports Authority of India (SAI) plays a crucial role in sports funding by allocating funds to national sports federations, organizing national sports competitions, developing sports infrastructure, and implementing various sports development programs.

The automobile industry has been a major contributor to sports funding in India, with several companies sponsoring sports events, teams, and individual athletes.

Sports funding in India faces several challenges, including inadequate government funding, lack of transparency and accountability in the distribution of funds, limited corporate sponsorship, and the need for more innovative funding mechanisms.

Sports funding plays a crucial role in sports development in India by enhancing infrastructure and facilities, providing opportunities for talent identification, supporting training and coaching programs, and enabling the participation of athletes in national and international competitions.

Sachin Tendulkar, the legendary cricketer, has been a vocal advocate for increased sports funding in India, emphasizing the need for better infrastructure, training facilities, and support for athletes.

The National Sports Development Fund (NSDF) plays a significant role in sports funding by providing financial assistance to national sports federations, supporting the development of sports infrastructure, and promoting grassroots sports development through various initiatives.

Haryana has been a pioneer in sports funding and development in India, with a strong focus on grassroots sports, talent identification, and the provision of world-class training facilities.

The private sector plays a significant role in sports funding in India through sponsorship of sports events and teams, investment in sports infrastructure, support for athlete training and development, and the establishment of corporate sports academies.

New Delhi has hosted the largest number of international sporting events in recent years, including the Commonwealth Games, the Asian Games, and the Formula One Indian Grand Prix.

Sports funding has a positive impact on the overall development of the country by promoting physical fitness and well-being, enhancing national pride and unity, boosting economic growth and employment, and fostering social inclusion and community engagement.

Leander Paes, the legendary tennis player, has been awarded the highest number of Arjuna Awards (8) for his outstanding achievements in the sport.