KVIC Chairman Shri Manoj Kumar said, 'Modi’s Guarantee has taken Khadi sales to new heights'

New Delhi (India) July 10 : Under the leadership of Prime Minister Shri Narendra Modi, the Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises, Government of India, has set a new record in production, sales, and new employment generation in the financial year 2023-24. On Tuesday, KVIC Chairman Shri Manoj [...]

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KVIC Chairman Shri Manoj Kumar said, 'Modi’s Guarantee has taken Khadi sales to new heights'
“KVIC Chairman Shri Manoj Kumar said, 'Modi’s Guarantee has taken Khadi sales to new heights'”
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10 Jul 2024
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KVIC Chairman Shri Manoj Kumar said, 'Modi’s Guarantee has taken Khadi sales to new heights'

New Delhi (India) July 10 : Under the leadership of Prime Minister Shri Narendra Modi, the Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises, Government of India, has set a new record in production, sales, and new employment generation in the financial year 2023-24. On Tuesday, KVIC Chairman Shri Manoj Kumar released the provisional figures for the financial year 2023-24 at the office at Rajghat, New Delhi. Surpassing all previous figures, there has been an increase of 399.69 per cent (approximately 400%) in sales, 314.79 per cent (approximately 315%) in production, and 80.96 per cent (approximately 81%) in new employment generation compared to the financial year 2013-14. In the financial year 2022-23, there was an increase of 332.14% in sales, 267.52% in production, and 69.75% in new employment generation compared to 2013-14.

This remarkable performance of KVIC has made a significant contribution towards realizing the vision of a ‘Developed India’ by 2047 and making India the third-largest economy in the world. For the first time in the history of independent India, the sales of KVIC products have crossed Rs. 1.55 lakh crore in the financial year 2023-24. The sales figure in the financial year 2022-23 was Rs. 1.34 lakh crore. In the last ten financial years of the ‘Modi Government,’ the sales of indigenous Khadi and village industry products made by artisans in rural areas, which were Rs. 31154.20 crore in the financial year 2013-14, have increased to the highest level of Rs. 155673.12 crore in the financial year 2023-24, which is the greatest achievement so far. In the financial year 2023-24, KVIC’s efforts have created 10.17 lakh new jobs in rural areas, strengthening rural India’s economy.

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