Khadi and Village Industries Commission

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

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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