Financial determinants and performance outcomes: A case study of powerlifting organizations in uttarakhand

Abstract

Although powerlifting is gaining popularity in India, regional organizations, particularly in regions such as Uttarakhand, often encounter significant financial challenges that hinder their athletes' competitive performance.      This study examines the impact of several financial issues on the long-term viability and success of powerlifting organizations in Uttarakhand. These issues include how budgets are created, where funds are allocated (for example, to events or training), and the amount of government funding or aid sponsorships provided.    Using financial data and surveys, we obtained information from a number of district and state-level powerlifting organizations. In order to find how money affects performance, regression and association analyses were carried out. The conclusion reached was: more efficient money groups, particularly those that channel money to athlete development, equipment, and competition exposure, attain better results with respect to winning medals, athlete participation, and reputation. The study indicates how an individual's wealth affects their performances in real-world sports, especially in less common sports such as weightlifting. This implies ideas for policymakers, sponsors, and sports administrators on how to help local associations obtain greater support. That way, by becoming better at financial management, forging new means of income, and/or making better use of their existing funds, these associations stand to improve the service they offer athletes. Therefore, this particular study fills the void in sports finance research by focusing on a sport that receives little financial attention. Furthermore, it will spur immediate action for the enhancement of community sports programs.

Keywords- Sports finance, powerlifting, athlete performance, budget planning, Uttarakhand