The Khadi and Village Industries Commission works under which ministry?

The correct answer is Ministry of Micro, Small and Medium Enterprises.

Key Points

• The Khadi and Village Industries Commission (KVIC) is a statutory body established under the Khadi and Village Industries Commission Act of 1956.
• KVIC works under the administrative control of the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India.
• The primary objective of KVIC is to promote, develop, and regulate khadi and village industries in India.
• It plays a crucial role in generating employment in rural areas and fostering sustainable development in the non-agricultural sector.
• KVIC implements flagship programs such as the Prime Minister’s Employment Generation Program (PMEGP) to promote self-reliance and entrepreneurship.

Additional Information

• Ministry of Micro, Small and Medium Enterprises (MSME):
  • MSME is the nodal ministry for promoting small-scale industries and entrepreneurship development in India.
  • It formulates policies, schemes, and incentives to support micro, small, and medium enterprises.
  • Prominent initiatives under MSME include Udyam Registration and the Credit Guarantee Fund Scheme for Micro and Small Enterprises.
• Khadi:
  • Khadi refers to hand-spun and handwoven fabric, symbolizing India's independence movement led by Mahatma Gandhi.
  • KVIC promotes khadi as a sustainable and eco-friendly textile option.
• Prime Minister’s Employment Generation Program (PMEGP):
  • PMEGP is a flagship scheme implemented by KVIC to generate self-employment opportunities.
  • It provides financial assistance for setting up micro-enterprises in rural and urban areas.
• Village Industries:
  • These are small-scale industries located in rural areas, producing goods using locally available resources.
  • Examples include pottery, handmade paper, and bee-keeping.