Learn bits
Schemes & Policies
Admin

27/11/20 12:46 PM IST

Source: https://pib.gov.in/PressReleasePage.aspx?PRID=1676058

Khadi and Village Industries Commission (KVIC) and Workshed scheme

Why in news?

A family from Assam was driven to the verge of homelessness due to aggressive soil erosion by flooding of River Brahmaputra until Khadi and Village Industries Commission came to her rescue by granting her a house under Artisans’ Workshed Scheme.

Khadi and Village Industries Commission

  • It is a statutory body established by an Act of Parliament
  • In April 1957, it took over the work of former All India Khadi and Village Industries Board.

Objectives 

  • The social objective of providing employment.
  • The economic objective of producing saleable articles.
  • The wider objective of creating self-reliance amongst the poor and building up of a strong rural community spirit.

Schemes implemented via KVIC

Prime Minister’s Employment Generation Programme (PMEGP)

It is a credit linked subsidy scheme, for setting up of new micro-enterprises and to generate employment opportunities in rural as well as urban areas of the country through KVIC, State Khadi & Village Industries Board (KVIB) and District Industries Centre (DIC). 

Scheme of Fund for Regeneration of Traditional Industries (SFURTI)

It helps in making traditional industries more productive and competitive by organizing the traditional industries and artisans into clusters.

Workshed Scheme

  • It provides financial assistance for construction of work shed to khadi artisans belonging to BPL category through the khadi institutions with which the khadi artisans are associated.
  • This empowers khadi spinners and weavers to chart out a sustainable path for growth, income generation and better work environment.

 Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE) 

Source: PIB

More Related Current Affairs View All

19 Sep

Cabinet clears development of Next Generation of satellite Launch Vehicle

'The Union Cabinet, led by Prime Minister Narendra Modi, has approved the development of the Next Generation Launch Vehicle (NGLV).' The NGLV is set to significantly enhance Ind

Read More

19 Sep

Cabinet approves Pradhan Mantri Janjatiya Unnat Gram Abhiyan

'The Union Cabinet recently approved a package that will provide up to ?5 lakh each to tribal households and villages across the country.' The new package also aims to give an i

Read More

19 Sep

‘Bio-RIDE’ scheme

'The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved continuation of the two umbrella schemes of Department of Biotechnology (DBT),' Merged as

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps