Handicraft Artisans Current Affairs - 2019

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India International Trade Fair Begins

The 39th India International Trade Fair is to begin in New Delhi on November 14, 2019. Around 25,000 people are expected to visit the fair.

Theme: “Ease of Doing Business”

The theme is inspired from India’s 63rd rank in the World Bank’s Ease of Doing Business.

Highlights

  • The Fair is to serve as a convergence point for the government agencies, non-government institutions and private sector enterprises
  • Countries including Vietnam, UK, Turkey, Tunisia, Thailand, Nepal, Myanmar, Iran, Indonesia, Hong Kong, Egypt, China, Bhutan, Bangladesh, Australia and Bahrain are to participate in the fair
  • The preferences are given to Bihar and Jharkhand states this year
  • The fair is to offer equal opportunities to large corporations, MSME, artisans and self-help groups to promote their products

Significance

  • With India growing as a hotspot of startups, giving equal opportunities to them in these fairs will boost their growth and eventually will boost the growth of the economy. Such steps by the government shows the importance given to the startups in its governing actions. These steps fetch an increased growth rate predictions for the country in 2020-21 by organizations like IMF, World Bank, G20 though they pin down the current growth rate of the country
  • With increased importance to artisans and MSME along with large corporates will help boost GoI recent schemes aiming on increasing exports and reducing imports especially in the field of handicrafts.

KVIC’s initiatives to generate employment

The Khadi and Village Industries Commission (KVIC) joined hands with the Goa Government to generate employment opportunities in Goa. They inaugurated a series of initiatives. The initiatives were all first of their kind. There were no spinning and weaving activities in Goa earlier.

Highlights

  • Electric potter wheels to 160 families were distributed
  • New Model Spinning wheels to 50 trained women were also distributed
  • A Lijjat Papad unit was established. This will generate employment to 700 people.
  • The aim of the initiatives is to assist the locals and help create jobs.

Significance

In India, the crafts sector sustains over 20 million practitioners. Handicrafts bring in good fortune with minimal investment. Indian crafts have good value in the international markets.

KVIC

The Khadi and Village Industries Commission is a statutory body that was established in 1956. The commission took over the works of the former All India Khadi and Village Industries Board. The main objectives of KVIC are as follows

  • To provide social employment.
  • To produce saleable articles.
  • To create self-reliance amongst the poor.