Overview
The Khadi and Village Industries Commission (KVIC) achieved record sales of ₹1,87,000 crore in 2025-26. KVIC is a statutory body under the Ministry of Micro, Small and Medium Enterprises. It promotes Khadi and village industries to create rural employment and self-reliance.
A Record-Breaking Year for Khadi
The Khadi and Village Industries Commission (KVIC) has done something amazing. In the financial year 2025-26, it recorded sales of ₹1,87,000 crore (one lakh eighty-seven thousand crore rupees). This is a historic milestone. Never before has KVIC earned so much in a single year. This success shows that people in India and around the world are loving Khadi products more than ever. Khadi is not just a cloth. It is a symbol of self-reliance, rural employment, and India’s rich heritage. Let us learn more about KVIC, its work, and why this achievement matters.
What Is KVIC?
KVIC stands for the Khadi and Village Industries Commission. It is a statutory body. That means it was created by a law passed by Parliament. The law is the Khadi and Village Industries Commission Act of 1956. KVIC started functioning in April 1957. It works under the Ministry of Micro, Small and Medium Enterprises (MSME). KVIC is the apex organization for Khadi and village industries. An apex organization is the highest body for a particular field. KVIC plans, promotes, organizes, and implements programmes to develop Khadi and other village industries in rural areas. At the state level, Khadi and Village Industries Boards help carry out KVIC’s schemes in their respective states.
Why Was KVIC Established?
After India became independent, Mahatma Gandhi’s dream of a self-reliant village economy was very important. Khadi was the fabric of the freedom movement. The government wanted to promote Khadi and small village industries to create jobs in villages. That is why KVIC was set up. Its main objectives are three:
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Social Objective – To provide employment in rural areas. When villagers get jobs, they do not have to migrate to cities.
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Economic Objective – To produce saleable products. Khadi items are not just for show. People want to buy them. KVIC helps make products that sell.
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Wider Objective – To create self-reliance among the economically weaker sections. When poor people earn their own living, they feel confident and dignified.
Functions of KVIC
KVIC does many things to promote Khadi and village industries. Here are its main functions:
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Building a strategic reserve – KVIC keeps a stock of raw materials and tools. It supplies these to producers when needed.
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Creating common service facilities – KVIC sets up shared facilities for processing raw materials into semi-finished goods. It also helps with marketing Khadi products.
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Enhancing sale and marketing – KVIC works to increase the sale of Khadi and other village industry products. It also promotes handicrafts.
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Encouraging research – KVIC supports research into better production techniques. This helps make Khadi products of higher quality.
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Assuring genuineness
Month: Current Affairs - May 27, 2026
Category: Economy, Government Schemes