The government has allocated Rs6.08 billion for the youth and sports sector for the upcoming fiscal year 2025-26, the highest ever for the sector, an increase of Rs258 million from the current fiscal year.

Presenting the budget on Thursday, Finance Minister Bishnu Paudel informed that an international standard stadium capable of hosting all sports will be built in Damak, Jhapa and high-altitude sports stadiums will be developed in Solukhumbu, Mustang and Jumla.

The government has allocated Rs400 million for the upgrade of TU International Cricket Ground, and Rs420 million for the completion of cricket stadiums under construction in Mulpani, Kailali, Chitwan and Morang districts. Moreover, the government has guaranteed a conditional grant to acquire the property developed at Gautam Buddha International Cricket Stadium in Chitwan.

Meanwhile, Rs540 million has been allocated for the 10th National Games in Karnali, the finance minister announced.

Funds have also been set aside for sports academies in at least three schools in each province.

Medal-winning athletes in international tournaments will receive incentives, while their children will be provided with scholarships. A special prize has also been allocated for the best woman athlete of the year.