Financial assistance from National Sports Development Fund

Financial assistance from National Sports Development Fund to Boxers Vikas Krishnan, Mandeep Jangra and Sumit Sangwan

           

Ministry of Youth Affairs and Sports has approved financial assistance to boxers Vikas Krishnan, Mandeep Jangra and Sumit Sangwanfor the purchase of the following items:-

S. No	Items	Projected cost	Amount approved
1	Sting Boxing Gloves - 2 pairs	USD 200 (approx)	USD 200 (approx)
2	Adidas Gum Shield - 2 piece	USD 20 (approx)	USD 20 (approx)
3	Nike Boxing Shoes - 1 pair	USD 160	USD 160
4	Practice Head Gear -1 piece	USD 120	USD 120
5	Punching Pads	USD 120	USD 120
Total		USD 620 (approx)	USD 620  (INR 40,779.694 @ Rs.65.7737)

            release of 75% of approved amount towards the cost of the training equipments has also been sanctioned  as advance.  The balance 25% of the approved amount will be released after procurement of training equipments and submission of the statement of accounts for final settlement of accounts.