Khadi and Village Industries Commission, Objective, Function, News

Q: KVIC is the nodal agency for which cluster development scheme?

Scheme of Fund for Regeneration of Traditional Industries, SFURTI

Q: KVIC established in which year and under which act?

April 1957, under Khadi and Village Industries Commission Act, 1956

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Khadi and Village Industries Commission Latest News

The Khadi and Village Industries Commission (KVIC) has achieved a historic milestone in the financial year 2025-26, recording sales of one lakh 87 thousand crore rupees.

About Khadi and Village Industries Commission

It is a statutory body established under the Khadi and Village Industries Commission Act of 1956.
Nodal Ministry: It is an apex organization under the Ministry of Micro, Small, and Medium Enterprises.
It is charged with the planning, promotion, organisation and implementation of programmes for the development of Khadi and other village industries in rural areas.
At the state level, Khadi & Village Industries Boards were set up to effectively implement the schemes of KVIC in their respective states.
Objectives of the KVIC are
- Social Objective: To provide employment in rural areas
- Economic Objective: To produce a saleable product
- Wider Objective: To create self-reliance among the economically weaker section

Functions of the KVIC

To build a strategic reserve of raw materials and implements for supply to producers.
To create common service facilities for processing raw materials as semi-finished goods and provisions for facilities for marketing KVI products.
To enhance the sale and marketing of Khadi and other products of village industries or handicrafts.
To be responsible for encouraging and promoting research in the production techniques.
To assure the genuineness of the products and to set standards for the quality of products from Khadi and Village Industries.