Sports is a great thing. It is not a bad strategy to invite investment in form of sports. Attracting investors by increasing sports opportunities said Mizoram Sports Minister Robert Romawia Royte.
“Since 2010, at the national level, talks were going on to accord the industrial status to sports. As sports are a state subject, the central government has limited role in this regard. The Mizoram cabinet on Friday granted the industry status to the sports fulfilling a long aspiration of the sports lovers,” Royte told IANS over phone.
He further added. “With the granting of industrial status to sports, we expect huge investment and multi-faceted benefits and scopes. Besides, all the industrial benefits including subsidies, banking facilities would now be extended to sports. The latest decision would facilitate the generation of employment in the sports sector.”