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What is the procedure for availing exchange facility for participation in sports events abroad?

April 26, 2017abroad availing events exchange facility participation procedure Sports

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What is the procedure for availing exchange facility for participation in sports events abroad?

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Applicants wishing to participate in sports events abroad should apply to the Department of Youth Affairs and Sports, Ministry of Human Resource Development, Government of India, New Delhi for recommendation. Authorized dealer will release exchange on the basis of this recommendation.The eligibility/entitlement are subject to change from time to time as per notifications issued by the Reserve Bank of India. For further clarification /information, please contact your foreign exchange Dealer.