Latest news with #KhadiandVillageIndustriesCommission
The Hindu
19-06-2025
- Business
- The Hindu
Southern States receive subsidy of ₹116 crore from KVIC
The Khadi and Village Industries Commission (KVIC) has disbursed margin money subsidy of ₹300 crore to 11,480 service sector beneficiaries across the country, under the Prime Minister's Employment Generation Programme (PMEGP) through a virtual event held on June 17. In the southern States of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala and Puducherry, a subsidy of ₹116 crore was disbursed covering 4,565 projects, with loans of more than ₹343 crore sanctioned for these projects, according to a statement issued by KVIC, on Thursday. Since its inception in the financial year 2024-25, the PMEGP has become a pillar of entrepreneurship and self-reliance in rural and urban India, the release added.
Fashion Network
16-06-2025
- Business
- Fashion Network
KVIC disburses money subsidy of Rs 300 crore to 8794 beneficiaries under PMEGP
The Khadi and Village Industries Commission (KVIC) disbursed margin money subsidy of Rs 300 crore ($34.8 million) to 8794 beneficiaries across the country through virtual mode program organized under the Prime Minister's Employment Generation Programme (PMEGP). All the six zones of the country participated in this disbursement program. In total 2445 projects were approved for south zone, 2366 projects for central zone, 2167 projects in eastern India & northeast, 1320 projects in the northern zone and 496 projects in the western zone. Commenting on the disbursement program, Manoj Kumar, chairman of KVIC in a statement said, 'Under the visionary leadership and guidance of Prime Minister Shri Narendra Modi, PMEGP scheme has presently created a strong and effective base of self-employment in India. Khadi and Village Industries is not just a product today, but it is the essence of vision of Aatmanirbhar Bharat.' 'This scheme has not only provided employment to lakhs of youth but has also connected them with the power of entrepreneurship,' he added. Since its beginning till the financial year 2024-25, PMEGP has helped 10,18,185 micro enterprises sanctioning total loans of Rs 73,348 crore.
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Business Standard
05-06-2025
- Business
- Business Standard
KVIC disburses ₹300 cr subsidy to 8,794 beneficiaries under PMEGP scheme
The Khadi and Village Industries Commission (KVIC), under the Ministry of Micro, Small and Medium Enterprises (MSME), has disbursed ₹300 crore in margin money subsidy to 8,794 beneficiaries under the Prime Minister's Employment Generation Programme (PMEGP). The subsidy was released during a virtual programme held on Tuesday at KVIC's Central Office in Vile Parle (West), Mumbai. It corresponds to loans amounting to approximately ₹884 crore. Manoj Kumar, Chairman of KVIC, transferred the subsidy to beneficiaries via a virtual platform. CEO Roop Rashi and other senior officials were also present at the event. 'Khadi is the essence of Aatmanirbhar Bharat': KVIC chairman Since its inception, PMEGP has supported the establishment of 1.02 million micro enterprises up to FY 2024–25. Loans worth ₹73,348.39 crore have been sanctioned under the scheme, with margin money subsidies totalling ₹27,166.07 crore. The programme has generated direct and indirect employment for over nine million individuals across the country. Zone-wise disbursement details All six zones participated in the event. South Zone (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Puducherry): 2,445 projects received ₹80.26 crore Central Zone (Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Uttarakhand): 2,366 projects received ₹91.13 crore Eastern Zone (Bihar, Jharkhand, Odisha, West Bengal, Andaman & Nicobar Islands, Northeast states): 2,167 projects received ₹62.68 crore Northern Zone (Haryana, Himachal Pradesh, Jammu & Kashmir, Ladakh, Punjab, Rajasthan): 1,320 projects received ₹41.80 crore The event marked another step in KVIC's ongoing efforts to boost rural entrepreneurship and employment generation through its flagship PMEGP scheme.
Hans India
05-06-2025
- Business
- Hans India
KVIC disburses margin money subsidy of Rs 300 crore to 8,794 beneficiaries
Mumbai: Khadi and Village Industries Commission (KVIC) on Thursday said it has disbursed margin money subsidy of Rs 300 crore to 8,794 beneficiaries across the country under the Prime Minister's Employment Generation Programme (PMEGP). The disbursement was made against loan sanction of about Rs 884 crore, said KVIC which comes under the Ministry of Micro, Small and Medium Enterprises. KVIC Chairman Manoj Kumar said that under the visionary leadership and guidance of Prime Minister Narendra Modi, PMEGP scheme has presently created a strong and effective base of self-employment in India. 'Khadi and Village Industries is not just a product today, but it is the essence of vision of Aatmanirbhar Bharat. This scheme has not only provided employment to lakhs of youth, but has also connected them with the power of entrepreneurship,' he added, All the six zones of the country actively participated in the disbursement programme. In total, 2,445 projects were approved for Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Puducherry of South Zone, for which subsidy of Rs 80.26 crore was disbursed. In the Central Zone, subsidy of Rs 91.13 crore was disbursed for 2,366 projects of Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Uttarakhand. A subsidy of Rs 62.68 crore was provided to a total of 2,167 projects in Eastern Zone for Bihar, Jharkhand, Odisha, West Bengal and Andaman and Nicobar and Assam, Manipur, Meghalaya, Mizoram and Tripura in the Northeast. A subsidy of Rs 41.80 crore was given for 1,320 projects of Haryana, Himachal Pradesh, Jammu and Kashmir, Ladakh, Punjab, and Rajasthan in the northern region. At the same time, 496 projects in Gujarat, Maharashtra, and Goa of the Western region received a subsidy of Rs 24.12 crore. Since its beginning till the financial year 2024-25, PMEGP has become a pillar of entrepreneurship and self-reliance in rural and urban India. A total of 10,18,185 micro enterprises have been established under the scheme so far, for which the government has sanctioned a loan of Rs 73,348.39 crore. In return, margin money subsidy of Rs 27,166.07 crore has been provided to the beneficiaries. So far, more than 90,04,541 people across the country have got direct and indirect employment through this scheme, which makes it one of the most effective self-employment schemes in the country.
Time of India
19-05-2025
- Business
- Time of India
World Bee Day: In the hum of bees lies the pulse of progress
1 2 3 Nagpur: Bees are quietly shaping the future of agriculture and forestry, a fact underscored by Suresh Gudhe , a retired joint director and beekeeping expert from the Khadi and Village Industries Commission, Nagpur. "Bees are indispensable for forest and agricultural development," Gudhe asserts, emphasising their role in pollination , which drives fruit and seed formation, enabling new plant growth. Without effective pollination, he warns, "Even forest departments struggle to achieve desired plant regeneration." On World Bee Day , celebrated on May 20, Gudhe, a trainer in beekeeping, highlighted the diversity of bees in India, from the robust rock bee (Apis dorsata), which yields up to 30kg of honey annually, to the delicate stingless bee (Trigona), a pollination powerhouse. Each species, whether the Indian hive bee (Apis cerana indica), little bee (Apis florea), or the foreign Apis mellifera, contributes uniquely to ecosystems. "Bees don't just produce honey," Gudhe explains, adding, "They ensure biodiversity , supporting crops and forests through pollination." The benefits of beekeeping extend beyond ecology. Gudhe points to economic opportunities, with products like honey, beeswax, pollen, royal jelly, and propolis commanding global demand. "Pollen is as vital as honey, packed with nutrients," he notes, adding that bee venom and royal jelly are used in pharmaceuticals, while propolis offers antibacterial properties. For rural communities, beekeeping is a pathway to self-reliance, supported by government schemes like PMEGP and Honey Mission, which provide training and financial aid. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Launch - Birla Navya on Golf Course Road Extn, Gurugram Birla Navya AVIK Click Here Undo "Beekeeping can transform lives and bolster India's economy," Gudhe says. Yet, challenges loom. Industrialisation threatens environmental balance, and Gudhe stresses the need for planting nectar-rich trees to sustain bee populations. "Conserving bees is conserving life," he urges, echoing Albert Einstein's warning that humanity's survival hinges on bees. Community-driven afforestation, involving schools, NGOs, and forest departments, is vital, but Gudhe insists on prioritising bee-friendly plants. Gudhe's call to action resonates: "Everyone must protect beehives in their surroundings." His vision blends science, tradition, and sustainability, positioning beekeeping as a cornerstone of environmental and economic progress. Through collective effort, India can harness the power of these tiny pollinators to secure a greener, more prosperous future. By embracing beekeeping, we not only safeguard nature but also empower communities, proving that in the hum of bees lies the pulse of progress.
