Khadi and Village Industries Commission
Why in News?
The Khadi and Village Industries Commission (KVIC) released its provisional financial performance data for the fiscal year 2025–26, revealing a historic, record-breaking turnover of ₹1,87,105 crore.
About
- Statutory Body: Formally established by the Central Government under the Khadi and Village Industries Commission Act of 1956.
- Nodal Ministry: Functions directly as an apex executive organization under the Ministry of Micro, Small and Medium Enterprises (MSME).
- Headquarters: Headquartered in Mumbai, supported by six strategic zonal offices located across Delhi, Bhopal, Bengaluru, Kolkata, Mumbai, and Guwahati.
- Core Tripartite Objective: Focuses on three core goals:
- Social Objective: Generating sustainable employment in rural areas.
- Economic Objective: Manufacturing competitive, highly marketable, and saleable products.
- Wider Objective: Creating localized self-reliance and community spirit among economically weaker sections.
Key Highlights from the Latest Performance Report (FY 2025-26)
- Skyrocketing Production & Sales: While general village industry sales touched ₹1,79,236 crore, exclusive Khadi textile sales expanded to ₹7,869 crore—marking a massive 628% increase over the last twelve years. Overall production values reached ₹1,25,296 crore.
- Massive Job Creation: Cumulative employment in the Khadi and village sector crossed 2.04 crore active livelihoods, adding hundreds of thousands of new jobs over the past decade.
- Artisan Wage Hikes: Remuneration paid directly to rural artisans saw a 275% jump, rising from a baseline of ₹4 per hank in 2013–14 to the current standard of ₹15 per hank.
- PMEGP Implementation Success: Under KVIC's flagship Prime Minister's Employment Generation Programme (PMEGP), 66,494 new industrial units were financed with a margin money subsidy disbursement of ₹2,457 crore, directly creating over 7.31 lakh livelihoods.
- Empowering Women Entrepreneurs: Out of 79,682 rural candidates who received formal training through KVIC's skill programs this past year, women accounted for nearly 59% (47,382 trainees).
Major Functions and Operational Responsibilities
- Raw Material Banks: Builds and regulates strategic central reserves of raw manufacturing materials and tools for seamless distribution to village producers.
- Quality & Genuineness Assurance: Serves as the primary certifying authority to protect the standard definitions of Khadi and eliminate look-alike counterfeits from the open market.
- Market Integration: Manages its own dedicated e-commerce hub, Khadi India, alongside regular national and international trade exhibitions to give traditional weavers access to modern consumer spaces.
- Research and Development: Sponsors and coordinates technical research focusing on modernizing manual looms and improving waste extraction methods without eliminating manual artisan jobs.
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