Khadi and Village Industries Commission 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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MSME Minister launches ‘Khadi Rumal’ stitched by militancy affected women of J&K

Union Minister for Micro, Small and Medium Enterprises (MSME) Nitin Gadkari launched the sale of ‘Khadi Rumal’ stitched by militancy affected women of Nagrota town of Jammu and Kashmir. The aim is to provide employment to the women in the terrorist affected areas as  well as create employment opportunities for militancy affected families of J&K.

Key Highlights

Iin 2016, Khadi and Village Industries Commission (KVIC) started a napkin stitching centre at Nagrota for the families of militancy-affected areas in Valley, with a view that if people living in rural areas are provided job opportunities then they would not need leave their homes in search of jobs.

In the initial phase a ‘Rumal’ costs Rs.50, and the plan is to do production of 5 crores such Rumals. Currently, the turnover of village industries in India is Rs.75000 crore and by March 2020, the aim is to increase this turover by Rs.1,00,000 crore.

At the event, Khadi and Village Industries Commission (KVIC) also signed an agreement with Paytm to facilitate the sale of 2 crore pieces of Rumals through their portal. MSME Ministry also annnouced 50% increase in remuneration of women workers to Rs 3 per piece from Rs 2 per piece presently.

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