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CCIC gives dividend of Rs 18.67 lakh to the govt

Updated: Nov 07, 2015 12:41:44pm
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New Delhi, Nov 7 (KNN) Central Cottage Industries Corporation of India Ltd (CCIC) on Friday gave a dividend of Rs 18.67 lakh for the year 2014 -15 to the Union Government.

The dividend cheque was presented to the Minister of State for Textiles, Santosh Kumar Gangwar, by Managing Director, CCIC, Pramod Nagpal in the presence of Secretary (Textiles), SK Panda; Joint Secretary, A Madhukumar Reddy and other senior officials of the ministry.

CCIC achieved a turnover of Rs 82.84 crore in 2014 -15 and earned a pre-tax profit of Rs 167 lakh as against pre-tax profit of Rs 36.63 lakh in the previous year.

CCIC provides direct marketing support to approximately 6,000 artisans, weavers and craft persons. It has also set up two common facility centres in Varanasi for the benefit of weavers. (KNN Bureau)

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