March 15, 2002
9
SPONSORSHIP OF SPORTS AND SPORTS PERSONS BY INDUSTRIAL HOUSES
In a bid to invite support and cooperation of the Corporate sector in promoting excellence in sports in active partnership with Government and National Sports Federations (NSFs) and to initiate a fruitful dialogue between the Government and the Industry in the interest of sports promotion, a meeting was held on 7th December, 2001 under the Chairmanship of the Finance Minister, Shri Yashwant Sinha with the representatives of the Chambers of Commerce and Industry. Though the private sector is making a useful contribution in promotion of sports, the meeting was held to obtain support of the industry in a planned manner. It was decided to adopt the following course of action:
This information was given by the Minister of State for Youth Affairs and Sports, Shri Pon. Radhakirishnan in a written reply to a question from Shri C.P. Thirunavukkarasu in the Rajya Sabha today.