Gurugram (15.09.2022): REC Limited, on September 14, under its CSR initiative committed a sum of ₹100 crore for the development of sports in India.
The funds will assist sports persons to excel in their respective fields by providing opportunities to train under coaches of international repute with technical, scientific and psychological support and also in getting exposure to international competitions.
The MoU in this regard was signed between REC and National Sports Development Fund (NSDF).
Union Minister of Youth Affairs and Sports of India Anurag Thakur and Vivek Kumar Dewangan, CMD – REC Limited, signed the MoU.
The initiative aims to promote Boxing, Women's Hockey and Athletics and any other sport as mutually agreed upon by both parties.