Ahmedabad, India, January 12, 2026: Indian Olympic Association President PT Usha has announced a major increase in funding of annual grants for national sports federations at the IOA Annual General Meeting held on Friday, January 9.
The IOA President said funding will be increased from Rs. 7 lakh (US$7,700) to Rs. 20 lakh (US$ 22,000) annually for national sports federations.
In addition, PT Usha also confirmed that state Olympic bodies will receive Rs. 10 lakhs (US$11,000) instead of Rs. 7 lakh (US$7,700). She also highlighted upcoming initiatives to develop Ahmedabad into a major sports hub.
“The AGM went very well. We will increase the annual funds allocated to each national sports federation. State Olympic bodies will also get an enhanced sum. A lot of changes are coming up in Ahmedabad to make it a sports hub,” Usha told Indian media at the end of the AGM.
The meeting brought together representatives of national sports federations, athletes’ representatives, and IOA office-bearers to review the work undertaken over the past period and chart the way forward for the Olympic movement in India.
Addressing the AGM, Usha said: “This AGM reflects our collective commitment to reform, transparency, and above all, to our athletes. Over the last period, we have taken decisive steps to modernise the IOA and place athlete welfare at the heart of every initiative. Our journey is focused on building a strong, ethical and globally respected Olympic movement for India.
“As we honour the legacy of those who guided Indian sport before us, we also reaffirm our resolve to work together, federations, athletes, and administrators, to ensure that Indian sport continues to grow with integrity, inclusivity, and excellence,” she added.