Tag: KVIC

WASME for more flexibility to MSMEs in the Budget

World Association for Small and Medium Enterprises (WASME) seeks a flexible Budget for MSMEs to extend support to the sector’s development. “Without MSME we can’t think of our economy and development. We have to be flexible”, says WASME ED Sampa Banerjee. Government has initiatives like Prime Min…

KVIC readies five prototype models of Solar-Powered Charkha

After a prolonged research, the Khadi and Village Industries Commission (KVIC) has now readied five prototype models of ‘solar-powered charkha (spinning wheel used for producing yarn) for its introduction in the country. The gadgets are developed with the objectives of reducing human drudgery, wh…

Market Development Assistance to KVIC | Boost to MSMEs

The government will provide Market Development Assistance to Khadi and Village Industries. Aimed at boosting Khadi, the government will provide rebate at the rate of 20% of their actual production against sanctioned target. of this, 25% will be earmarked for the payment to spinners and weavers as…