Khadi and Village Industries Corporation (KVIC)
Rupnagar, Guwahati
The team of the Business & Finance Society, Cotton University had the privilege to visit the Khadi and Village Industries Corporation (KVIC), located in Rupnagar, Guwahati. The purpose of the visit was to gather knowledge on the importance, functioning, objectives, and schemes provided by KVIC.
The Khadi and Village Industries Commission (KVIC) is a statutory body established by an Act of Parliament (No. 61 of 1956, as amended by Act No. 12 of 1987 and Act No. 10 of 2006). In April 1957, it took over the work of the former All India Khadi and Village Industries Board. The objectives of KVIC are -
• The social objective of providing employment
• The economic objective of producing saleable articles
• The wider objective of creating self-reliance amongst the poor and building up a strong rural community spirit
The KVIC is charged with the planning, promotion, organisation, and implementation of programmes for the development of Khadi and other village industries in rural areas in coordination with other agencies engaged in rural development wherever necessary.
Its functions also comprise the building up of a reserve of raw materials and implements for supply to producers, the creation of common service facilities for processing raw materials as semi-finished goods, and the provision of facilities for marketing KVIC products, apart from the organisation of training for the engaged artisans.
During our visit, we were attended by Mr.Aman Deep, Dy Director KVIC, Rupnagar, who devoted his valuable time and discussed the various prospects of KVIC and its functions. He discussed in detail the various government schemes in association with KVIC, like the Prime Minister's Employment Generation Programme (PMEGP), the Scheme of Fund for Regeneration of Traditional Industries (SFURTI), and the Interest Subsidy Eligibility Certificate Scheme (ISEC). He further discussed the Khadi Village Loan. This scheme is specifically designed to offer loans at subsidised rates to khadi and polyvastra sector businesses. To avail of this scheme, the beneficiary must be registered with KVIC and have a valid eligibility certificate.
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He further spoke and gave us valuable lessons on work ethics. He emphasised the importance of honesty and dedication while at work. He added that today's generation needs to be focused and be the pillars of success for the nation instead of finding shortcuts to excel in work.
The officials of KVIC gave us a tour of their workspace, where facilities for computer training, beautician courses, bee-taming, and agarbatti making were available for artisans at a subsidised rate. This was a very valuable and fruitful visit for our entire delegation.
