1st Modi 3.0 Budget to eye job creation by expanding PLI scheme, MSME focus
Sunday, 16 June 2024 Steps to boost jobs by expanding the Production Linked Incentive scheme to furniture, toys, footwear and more segments of textiles, along with a focus on MSMEs, while increasing income levels of women and boosting infrastructure, are expected to be among the key thrust areas of the Modi govt's first Budget in its third term with several of the issues also being part of govt's 100-day agenda that will feed into the targets for 2030.
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the past 11 years, highlighting KVIC’s impact on the nation's development. Chairman Shri Manoj Kumar attributes this success to the leadership of Prime Minister Narendra Modi and the guidance of the Ministry of MSME. KVIC has also generated jobs for over 1.94 crore people, many in rural areas, empowering India's Atmanirbhar Bharat mission. The remarkable growth in Khadi clothing sales, which surged by 561%, and the record business at Khadi Gramodyog Bhawan, underline the significance of this achievement in India's economic transformation.
Watch the full video for insights on KVIC’s historic journey and its contribution to making India self-reliant.
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Sunday, 16 June 2024
![KVIC Achieves Historic Turnover | Record Growth in Sales and Job Creation Under PM Modi's Leadership [Video]](https://video.newsserve.net/300/v/20250422/1408765974-KVIC-Achieves-Historic-Turnover-Record-Growth-in.jpg)
