Finance Minister Nirmala Sitharaman on Friday, presenting the budget for the annual year 2019-20, mentioned the government's plans and schemes for development of Sports in India. The Finance Minister, speaking at the 2019 budget, said that a National Sports Education Board will be set up under the Khelo India Scheme. Union Budget 2019 Speech by Nirmala Sitharaman Live News Updates: FM Proposes Tax Rebate Of Rs 1.5 Lakh Interest On Loan For Electric Vehicles.

The Finance Minister said during her speech that, "To popularize sports at all levels, National Sports Education Board for development of sportspersons to be set up under @kheloindia."

The Khelo India website says, "The importance of sports and fitness in one’s life is invaluable. Playing sports inculcates team spirit, develops strategic & analytical thinking, leadership skills, goal setting and risk taking. A fit and healthy individual leads to an equally healthy society and strong nation."

"The Khelo India programme has been introduced to revive the sports culture in India at the grass-root level by building a strong framework for all sports played in our country and establish India as a great sporting nation."

Finance Minister Nirmala Sitharaman is presenting her maiden finance budget in the parliament. The budget is also the first annual budget by the Narenda Modi government or Modi government 2.0 after coming to power. The Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, won 303 seats and stormed back to power following Lok Sabha Elections 2019.

(The above story first appeared on LatestLY on Jul 05, 2019 12:55 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).