News: The Khadi and Village Industries Commission (KVIC) has achieved a historic milestone in the financial year 2024-25, recording a turnover of Rs 1.70 lakh crore during the period. Khadi and Village Industries Commission (KVIC).
About Khadi and Village Industries Commission (KVIC)
- It is a statutory body established under Khadi and Village Industries Commission Act, 1956.
- In April 1957, it took over the work of former All India Khadi and Village Industries Board.
- Nodal Ministry: Ministry of Micro, Small and Medium Enterprises
- It is charged with the planning, promotion, organisation and implementation of programs for the development of Khadi and other village industries in the rural areas.
Objectives
- Social Objective – Providing employment in rural areas
- Economic Objective – Providing saleable articles
- Wider Objective – Creating self-reliance amongst people and building up a strong rural community spirit.
The commission seeks to achieve these objectives by implementing and monitoring various schemes and programs.
Schemes/Programmes implemented by KVIC
- Prime Ministers Employment Generation Program (PMEGP)
- Modified Market Development Assistance (MMDA)
- Workshed Scheme for Khadi Artisans
- Gramodyog Vikas Yojana (GVY)
- Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
- Khadi Reform and Development Programme (KRDP)
- Beekeeping – The Honey Mission
