The financial assistance will be available to Delhi school students who are bonafide residents of Delhi for the last three years.
The policy was presented before Chief Minister Arvind Kejriwal and Deputy Chief Minister Manish Sisodia, who is also the Education Minister, at the Delhi Secretariat here on Monday.
"Under the policy, an annual financial support of Rs 2 lakh per annum will be provided to school students up to the age of 14 years, while those above this age would get Rs 3 lakh per annum as support," the statement said.
A Committee of Experts of at least five members with sports background with impeccable integrity and credentials would be constituted for the implementation of the policy, and it would then decide the students to be selected for support under the policy.
"The financial assistance would be provided to each talent initially for two years and then a performance review would be taken to take a call on the continuance of the assistance," the statement said.
The policy also covers the creation of 'Centres of Excellence' throughout Delhi for specialised assistance with coaches, physiotherapists, and nutritionists.
The policy will soon be sent for a cabinet nod.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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