Ease of Doing Business for MSMEs: KVIC had recently proposed setting up of design houses by the name of National Design and Product Development Centres to help Khadi institutions make trendy designs.
Even as the country is battling economic slowdown due to poor demand, the government is bullish on the growth of Khadi and Village Industries (KVI) that recently reported turnover of nearly Rs 75,000 crore for FY19. “Today we have a good turnover in handloom, handicrafts, and village industries,” said MSME Minister Nitin Gadkari adding that “we plan to double it” while boosting employment potential. Gadkari’s comments come amid the government’s increased focus on promoting KVI products to help MSMEs in the sector grow along with generating more jobs.
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Nitin Gadkari, speaking at an event recently, said that “we are making (use of ) Kulhad (earthenware) mandatory at 400 railway stations and planning to implement it at airports also.” He added that the government has also taken decision to increase duty on agarbatti sticks and other bamboo material goods particularly which are imported to 30 per cent and we are also planning of making biofuel in tribal and rural areas as considering strengths and weaknesses of rural, agri and tribal areas, based on availability we need to plan new designs that can appeal globally.
Source: Financial Express
