CURRENT AFFAIRS

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Indian Government is to take Khadi and Village industries turnover to how many trillion in next five years?

A	Rs 2 trillion
B	Rs 3 trillion
C	Rs 5 trillion
D	Rs 6 trillion

Explanation:

Detailed explanation-1: -NEW DELHI: For the first time, the turnover of the Khadi Village Industries Commission has exceeded a turnover of over Rs 1.15 lakh crore, thanks to massive growth in sales of its products. The KVIC comes under the Ministry of Micro, Small and Medium Enterprises.

Detailed explanation-2: -Khadi and Village Industries Commission (KVIC) has clocked a turnover of ₹1.15 lakh crore in 2021-22, much higher than any FMCG company in the country.

Detailed explanation-3: -In total, there are 15,431 sales outlets, out of which 7,050 are owned by the commission. These are spread all over India.

Detailed explanation-4: -Village Industries: The Industries located in rural areas with investment in fixed assets as per the rules of central government. ● Khadi Industries: These are those industries which weave handlooms from. materials like cotton, wool, sik yarn etc or weave handlooms from the mixture of any two or all of these yarns.

There is 1 question to complete.