Khadi Current Affairs - 2020

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SFURTI Scheme update given in the Parliament-Rs 2.3 crores budget allocated

The Ministry of MSME (Micro, Small and Medium Enterprises) on February 3, 2020, provided an update on the SFURTI scheme being implemented.

Highlights

A total amount of Rs 2.3 crores has been sanctioned for the scheme in the budget 2020.The Ministry updated the house that currently the scheme is working towards the following

  • Developing clusters of Traditional industries for a period of 5 years
  • To strengthen active participation of local stakeholders
  • To make the traditional industries more competitive
  • To build market intelligence, advanced processes, traditional skills and cluster based regenerated traditional industries. The clusters will focus on silk, handicrafts, cane products and bamboo in the year 2020-21.

About the Scheme

The scheme SFURTI-Scheme of Fund for Regeneration of Traditional industries was launched in 2005. It enhances production of Khadi industries and artisans. Also, under SFURTI, the scheme for rural industries Service Centre (RISC) is being implemented. The scheme for Product Development, Design Intervention and Packaging is also implemented under SFURTI.

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World Customs Organization recognised HS Code for India’s Signature Fabrics-A Boost for Khadi Exports

The Ministry of Commerce and Industry has allocated separate HS code for signature fabric of India. HS stands for Harmonized System and was developed by the World Customs Organization (WCO). The code is used by customs officers to clear commodities entering or crossing international border.

HS Code

It is a multi purpose International Nomenclature that describes type of goods being shipped. The code follows Kyoto Convention of 1974. It is being used by more than 200 countries. The code aids countries in collection of international trade statistics and forms a basis for customs tariffs. This helps in better reach of the product and increases its global popularity.

World Customs Organization

The WCO is an inter governmental organization headquartered in Brussels, Belgium. It was founded in 1952. It administers the technical aspects of WTO, agreements on customs valuation and rules of origin. It works towards the development of international conventions, rules of origin, supply chain security, IPRs, customs reforms and modernization, etc.

India’s Signature Fabric

Khadi is the term used for fabrics that are hand spun and hand woven. It is recognized as signature fabric of India. It gained its importance since the freedom movement of boycott.

According to Indian Flag Code, Khadi is the only material allowed to be used for the flag. If flying flag is made with any other material the offense is punishable by law with imprisonment up to 3 years and fine.

 

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