{"id":287008,"date":"2025-04-21T18:15:34","date_gmt":"2025-04-21T18:15:34","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/21\/kvic-crosses-rs-1-7-lakh-crore-turnover-50-rise-in-employment-generation-times-of-india\/"},"modified":"2025-04-21T18:15:34","modified_gmt":"2025-04-21T18:15:34","slug":"kvic-crosses-rs-1-7-lakh-crore-turnover-50-rise-in-employment-generation-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/21\/kvic-crosses-rs-1-7-lakh-crore-turnover-50-rise-in-employment-generation-times-of-india\/","title":{"rendered":"KVIC crosses Rs 1.7 lakh crore turnover, 50% rise in employment generation – Times of India"},"content":{"rendered":"
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The Khadi and Village Industries Commission<\/a> (KVIC<\/a>) has achieved a milestone, with its turnover crossing 1.70 lakh crore for the first time in independent India\u2019s history, according to the Ministry of Micro, Small and Medium Enterprises.
KVIC Chairman Manoj Kumar shared provisional figures for the financial year 2024\u201325, marking record growth across production, sales, and employment.
Releasing the data on Monday at the KVIC headquarters in Rajghat, New Delhi, Manoj Kumar announced that Khadi and Village Industries products saw a 347 percent increase in production and a 447 percent rise in sales over the past 11 years. Employment generation<\/a> rose by 49.23 percent, reaching 1.94 crore individuals, reflecting the sector\u2019s deepening role in rural livelihood<\/a> generation.
\u201cThe vision of a self-reliant India<\/a>, rooted in the legacy of Bapu\u2019s Khadi, is being realized through the transformative efforts under ‘Azadi Ka Amrit Mahotsav’ and the \u2018Viksit Bharat\u2019 mission,\u201d said KVIC Chairman.
In FY 2024\u201325, production jumped to 1.16 lakh crore, up from 26,109 crore in 2013\u201314. Similarly, sales touched 1.70 lakh crore, compared to 31,154 crore in 2013\u201314. The Khadi Gramodyog Bhawan in New Delhi also achieved record business, clocking 110.01 crore, more than doubling its 2013\u201314 turnover of 51.02 crore.
The Khadi clothing segment too saw a massive surge. Production rose from 811 crore in 2013\u201314 to 3,783 crore in 2024\u201325\u2014a 366 percent jump. Sales of Khadi garments soared by 561 percent, from 1,081 crore to 7,145 crore, credited to strong national promotion, especially by the Prime Minister himself.
The Pradhan Mantri Employment Generation Programme (PMEGP) continues to play a key role in rural employment. Over 10.18 lakh units have been set up under the scheme, with 27,166 crore in margin money subsidies and over 90 lakh people employed since its inception.
Kumar highlighted the growing scale of support under the Gramodyog Vikas Yojana, where the budget was increased by 134 percent to 60 crore for FY 2025\u201326. KVIC has so far distributed over 2.87 lakh machines and toolkits, including pottery wheels, bee boxes, incense stick machines, and craft toolkits, helping boost micro-enterprises in rural areas.
In the past decade, 7.43 lakh people have been trained, of which 57.45 percent (over 4.27 lakh) are women. Additionally, 80 percent of the five lakh Khadi artisans are women, whose wages have increased by 275 percent over the last 11 years\u2014100 percent in just the last three years, as per MSME ministry release.
\u201cThis progress is not just statistical\u2014it reflects the transformation of rural India through enterprise, skill-building, and empowerment. It sets a strong foundation for achieving the goal of making India the third-largest economy by 2047,\u201d Kumar concluded.<\/div>\n