2007 - Khadi and Village Industries Commission | Commemorative Coin

The final release of commemorative coin for the year 2007 was to celebrate '50 Years of the Khadi and Village Industries Commission'.

The Khadi and Village Industries Commission (KVIC) is a statutory organization in India that was established with the aim of promoting and developing khadi and village industries in rural areas. Founded in 1956, KVIC operates under the Ministry of Micro, Small and Medium Enterprises, Government of India.

Khadi, a term synonymous with hand-spun and hand-woven fabric, holds historical significance as it played a crucial role in India's struggle for independence. Mahatma Gandhi, a strong proponent of khadi, encouraged its production as a means of economic self-sufficiency for rural communities and a way to boycott foreign-made goods during the British colonial era.

The KVIC functions to implement various programs and schemes that uplift and empower rural artisans and entrepreneurs. It focuses on promoting the production and marketing of khadi and village industries products, thereby generating employment opportunities in rural areas. The commission provides financial assistance, training, and technical support to individuals and groups engaged in traditional crafts and village industries.

One of the notable contributions of KVIC is in the development of khadi clusters and village industries across the country. These clusters act as hubs for production, processing, and marketing of indigenous products, ensuring a sustainable livelihood for rural communities. Additionally, KVIC encourages the use of eco-friendly practices and aims to preserve traditional craftsmanship and skills.

The commission also plays a pivotal role in organizing various awareness and promotional campaigns to highlight the significance of khadi and village industries. These efforts contribute not only to economic development but also to the preservation of India's rich cultural heritage.

In summary, the Khadi and Village Industries Commission serves as a catalyst for rural economic development by promoting khadi and traditional village industries. It continues to uphold the principles laid out by Mahatma Gandhi, fostering self-reliance and sustainability in rural communities across India.

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