KVIC scripting the success story of Khadi industry
3 Jun 2018 2:38 PM GMT
The signature fabric of India- Khadi, is accelerating every year for the country's economic transformation. In the FY 2017-18, the sale of Khadi which includes solar and poly vastra has grown up to Rs 2503 crore, i.e. 25 percent up with respect to Rs 2007 crore in FY 2016-17.
Khadi and village industries, however, have scripted many success stories in the post-2014 era, when Prime Minister Narendra Modi took the initiative of using 'Khadi for economic transformation'. Incredibly, the total average Khadi sale, which was Rs 914.07 crore during the year 2004 to 2014, jumped to Rs 1828.30 crore in three years after that, i.e. between 2015 to 2018, with over 100 percent increase. Technically, the average Khadi sale of Rs 120.09 crore by Departmental Sales Outlets (DSOs) in the 2015-18 span, a growth of 168.24 percent has been recorded with respect to Rs 44.77 crore in the 2004-14 decade.
With 375 new Khadi institutions established after 2015 in some two-odd years, which was much more than that established between 2004 and 2014.
After PM's appeal to popularize Khadi – aimed for betterment of rural artisans, few historical achievements have taken place in the Khadi industries.
On the other side, 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 means 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.
Interestingly, departmental sales outlets of Khadi used to be closed on Sunday's till 2014. But, taking cognizance of the people's Sunday-shopping pattern, the KVIC Chairman VK Saxena decided to open the sales outlets on Sunday's and the growth was around Rs. 18.67 crores. "The growth so far achieved is all because of our PM vision to make it a tool of economic transformation", said the Chairman.
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