The members of AIFF have pleaded the Indian Olympic Association to let the players compete at the coveted tournament, as it would be a great platform for this young side.
The AIFF is currently awaiting a reply from IOA boss Narinder Batra.
AIFF left infuriated with IOA
"I wrote a letter to the IOA explaining our disappointment and unhappiness of this decision without really consulting with us and trying to understand what is happening in the football world. If expenses are an issue we are willing to pay," AIFF general secretary said.
India had hosted Under-17 World Cup
If IOA remains adamant, this will be the first time since the 1994 Asian Games the Indian national team would miss out on the quadrennial event.
This comes as a surprise after India gave a massive push to football by hosting the Under-17 World Cup last year.
Football has started gaining popularity in India, and this comes as a massive blow.