Target olympic podium scheme
Image Source: IANS
Huge Amounts In TOPS Funding Unaccounted For As Athletes Fail To Submit Bills
Target Olympic Podium Scheme: A financial audit by the Sports Authority of India (SAI) into the advance money paid to sportspersons for foreign coaching and competition trips cleared under the Target Olympic Podium Scheme (TOPS) assistance has revealed a lot of irregularities, with the beneficiaries failing to submit the relevant bills.
The matter was brought to light and discussed during the 155th meeting of the Mission Olympic Cell (MOC) of the Ministry of Youth Affairs and Sports (MYAS) held in New Delhi on Wednesday.
It was revealed in the meeting that around funds totaling Rs 8 crore have not been accounted for as the beneficiaries have failed to supply supporting bills and expenditure accounts despite repeated reminders, according to a source.
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