Khadi sales grew by 17.55% from Oct 2014 to March 2015; production grew by 31.1%
Updated: Oct 07, 2015 12:29:16pm
New Delhi, Oct 7 (KNN) There has been a 17.55 per cent growth in khadi sales from October 2014 to March 2015 after the Prime Minister appealed to all Indians to buy at least one khadi garment in Mann ki Baat on October 3, 2014. Meanwhile, the growth in khadi production increased almost 6 times to 31.1 per cent during the same period.
Growth in khadi sales from October 2012 to March 2013 to October 2013 – March 2014 was 6.38 per cent. After the appeal, growth in sales rocketed to a 17.55 per cent from October 2014 to March 2015, which is an almost three fold increase when compared to the previous corresponding period, MSME Minister Kalraj Mishra said.
Growth in khadi production from October 2012 to March 2013 to October 2013 to March 2014 was 5.82 per cent. After the appeal, growth in production increased by almost 6 times to 31.1 per cent from October 2014 to March 2015 over the previous corresponding period. In 2014-15 Khadi production has reached Rs. 880 crore registering an increase of around 8.5 per cent over 2013-14.
Mishra further said that the Government of India introduced Market Development Assistance (MDA) scheme giving full flexibility to the Khadi Institutions to organize their production and sales activity in the best way they considered appropriate.
The MDA provided much needed boost to the Khadi programme. The Government of India provided Rs 324.64 crore for supporting Khadi Institutions (KIs) under various schemes during 2014-15 which is an increase of around 36 per cent over and above the support provided by the Government in the preceding year i.e. 2013-14 which stood around Rs 239.17 crore. (KNN Bureau)
Growth in khadi sales from October 2012 to March 2013 to October 2013 – March 2014 was 6.38 per cent. After the appeal, growth in sales rocketed to a 17.55 per cent from October 2014 to March 2015, which is an almost three fold increase when compared to the previous corresponding period, MSME Minister Kalraj Mishra said.
Growth in khadi production from October 2012 to March 2013 to October 2013 to March 2014 was 5.82 per cent. After the appeal, growth in production increased by almost 6 times to 31.1 per cent from October 2014 to March 2015 over the previous corresponding period. In 2014-15 Khadi production has reached Rs. 880 crore registering an increase of around 8.5 per cent over 2013-14.
Mishra further said that the Government of India introduced Market Development Assistance (MDA) scheme giving full flexibility to the Khadi Institutions to organize their production and sales activity in the best way they considered appropriate.
The MDA provided much needed boost to the Khadi programme. The Government of India provided Rs 324.64 crore for supporting Khadi Institutions (KIs) under various schemes during 2014-15 which is an increase of around 36 per cent over and above the support provided by the Government in the preceding year i.e. 2013-14 which stood around Rs 239.17 crore. (KNN Bureau)
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