The decision was taken three months back and after a series of meetings, the current venue for the museum was finalised by the Sports Minister Vijay Goel, the Ministry said in a statement.
"The museum will showcase India's achievements in sports and also focus on the traditional sports within the country."
Goel said the museum will "act as an educational hub and offer opportunity for the young to delve into some sporting activity."
He also appealed to all past and present sportspersons to contribute any memorabilia held by them for permanent display in the museum.
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