“If you buy Khadi, you light the lamp of prosperity in the house of a poor person”, Prime Minister Narendra Modi said in his first monthly radio address ‘Mann ki Baat’ on October 3, 2014. Two years later, the sapling he had planted, is bearing fruits. Khadi has since become a lifestyle phen…
Tag: Khadi and Village Industries Corporation (KVIC)
KVIC apathy led to loans of Rs. 551 crore turning bad: CAG
The failure of the Khadi and Village Industries Corporation (KVIC) to follow up on loans led to Rs. 551.46 crore not being recovered, and also resulted in the diversion of Rs. 226.70 crore meant for servicing loans of SBI up to March 31, 2015, the CAG said in its compliance audit report. As on Ma…