Ravi Mittal, the former secretary of, Department of Sports, has been appointed as the Chairman of Insolvency and Bankruptcy Board of India (IBBI), as per the notification issued by the Ministry of Corporate Affairs.
Central Government has approved the continuation of the Scheme of Assistance to National Sports Federations (NSFs) for the XV Finance Commission Cycle (2021-22 to 2025-26). The outlay of this scheme for the next five years will be Rs. 1575 crore.