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.
Source: News On Air
Last updated on Sep, 2026
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Khadi and Village Industries Commission FAQs
Q1. KVIC is the nodal agency for which cluster development scheme?+
Q2. KVIC established in which year and under which act?+
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