🌱Industry Immersion Experience in Khadi and Village Industries Commission (KVIC)
In 1956, the KVIC Act established a transformative force in India's rural landscape. KVIC, a statutory body, champions the cause of MSMEs and the non-farm sector, creating a self-sufficient ecosystem reminiscent of Gandhi's Ashram.
👨💼Leadership:
At the helm is Chairman Shri Manoj Kumar, leading a team of 6 members from 6 regions across India, ensuring nationwide coverage.
💼Significant Contributions:
- This sector contributes one-third of rural households' income
- Key schemes like ASPIRE, PM Vishvakarma Yojna, and SFURTI have catalyzed growth.
- Production has tripled, and Khadi buying has surged fivefold.
- In 2022-23, Khadi Village notched up an impressive turnover of ₹1,34,630 crores.
🌍Social Transformation:
KVIC has been instrumental in bridging the rural-urban gap and uplifting the poorest of the poor. How? By providing artisans with livelihoods, raw materials, machinery, and training, making them self-reliant.
👐From Bottom to High Level:
KVIC's approach is a testament to 'Atma Nirbhar Bharat', taking artisans from the grassroots to self-sufficiency.
🚺 Empowering Women:
Part-time opportunities empower women.
📈 Challenges and Future Prospects:
Challenges like labor-intensive production and cost need strategic solutions. Expanding franchises and tapping into the global market hold promise.
8058 sales outlets across the country.
Domains:
KVIC's uniqueness lies in supporting activities such as woodcraft, cotton, pottery, honey, papad Lijat, and agar Batti, presenting ample opportunities.
❓ Questions to Ponder:
- How can KVIC maintain its competitive edge with increasing costs?
- What's the strategic plan to tap into the global market effectively?
- What sustainability measures are in place for the long run?
Let's applaud KVIC's remarkable journey and explore these questions as we look ahead to a brighter, more sustainable future for rural India.
Thank You for this opportunity Welingkar Institute of Management and Khadi and Village Industries Commission
🌟 #KVIC #EmpoweringRuralIndia #Sustainability #MSMEs
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