logo

Average khadi industries products export grow by 133.28% after 2014

Average khadi industries products export grow by 133.28% after 2014
New Delhi: Output always speaks of intention! And, that seems to have happened with Khadi and Village Industries Commission (KVIC) in the last two-three years. From the proverbial snail's speed in all streams, it has suddenly got a rabbit's momentum – right from the moment Prime Minister Narendra Modi realized it latent potential.
Sample these figures: The average export of Khadi and village industries products was mere Rs 87.77 crores in the 10 years' span between 2004 and 2014. But, the moment the government started considering it as a mean of economic transformation, it grew at a rocketing pace: From 2015 to February 2018, the average export of Khadi and village industries products went to Rs 2014.75 crore with a huge growth of 133.28 percent. Similarly, the village industries products average sales by departmental sales outlets – which were only Rs 13.67 crore during 2004-14 – jumped to Rs 31.20 crore, with a significant growth of 128.24 percent. For KVIC Chairman Vinai Kumar Saxena, credit of this outcome goes to the present government. "It was the vision of Prime Minister that this untapped sector has now become one of the best performers. He, not only appealed the people to buy Khadi and village industries products, rather he led from the front to create a craze for 'Make in India' among youths," he said.
MPost

MPost

Our contributor helps bringing the latest updates to you


Share it
Top