CURRENT AFFAIRS

Detailed explanation-1: -Union Minister of State for Ministry of MSME, Shri Bhanu Ministry of MSME and KVIC organized a SFURTI Mela at Dilli Haat, INA, New Delhi from 1st October to 15th October, 2022 to promote the traditional products made by artisan across the country. Pratap Singh Verma, visited the SFURTI Mela at INA Dilli Haat on 04.10.

Detailed explanation-2: -The Khadii and Village Industries Commission (KVIC) is a statutory body formed in April 1957 by the Government of India, under the Act of Parliament, ‘Khadi and Village Industries Commission Act of 1956’.

Detailed explanation-3: -Khadi and Village Industries Commission is a non-constitutional body which is incorporated under the Parliament Act, passed by the Government of India. KVIC aims to plan, promote, facilitate, organize, and assist in the establishment and development of Khadi and Village industries in the rural areas.

Detailed explanation-4: -The Revamped SFURTI scheme was started on 1st August 2014 with an outlay of Rs. 149.44 crore for developing 71 clusters (including coir) with coverage of 44500 artisans (approx.) in the first phase.

Detailed explanation-5: -Accordingly, the Khadi and Village Industries Commission (KVIC) was created by an Act of Parliament to plan, promote and organise the systematic development and expansion. It came into existence in April 1957. The KVIC took over the work of the erstwhile All India Khadi and Village Industries Board.