Khadi to get Rs 675 cr boost from ADB

Amount to be spent on modernisation and development


Geetanjali Minhas | July 8, 2010

The Asian Development Bank (ADB) will pump in US$ 150 million (about Rs 675 crores) to promote khadi and village industries products, minister for small and medium enterprises Dinsha Patel said in Mumbai.

The money will help modernisation and development of the khadi sector which provides employment to more than one crore people and generates an income of Rs 24,116 crore.

The funds will be used to improve the technology used in khadi production, training facilities for skill development  and  promotion of “khadi” mark to position khadi as guaranteed hand spun and woven cloth. The emphasis is aimed at improving the quality and marketing of khadi and village industry products. As many as 2,000 khadi units across the country including 47 units in Maharashtra will be modernised.

Patel laid the foundation stone for a Khadi Plaza on Wednesday.

The 10,000 square feet air-conditioned plaza at Khadi Gramodyog Bhavan in Vile Parle suburb will have an exhibition hall with 50 stalls and auditorium on the first floor. State-wise stalls will be allotted to khadi and village industries institutions for a specific period on rotation, so that institutions from remote and inaccessible areas like the northeastern region, Jammu and Kashmir as well as from other parts of the country can come and exhibit regional khadi and village industries products for sale in Mumbai.

The Khadi Plaza will provide a platform to the rural artisans to market their wares and help provide sustainable employment.  



Other News

“I wrote ‘Survival at Stake’ to provide food for thought about solutions”

Survival at Stake: How Our Treatment of Animals Is Key to Human Existence By Poorva Joshipura HarperCollins, 328 pages, Rs 499 With science now recognising animal consciousness, intelligence, emotion, and even morality, there must rise an awareness of

‘Bon Voyage’ through the Arctic: Exploring new horizons for India

India`s tryst with trade through the Arctic regions, including the Northern Sea Routes (NSR), has become an impact-making endeavor recently. The Arctic of yore is now a pivot – point of geopolitics, of climate change discussions, and for economic opportunities; 40% of oil and gas reserves said to be

Demystifying Contemporary Finance Theory and other lessons in investment

Investing Decoded: Simple Path To Building A Portfolio In Millions By Anirudh Rathore Penguin India, 320 pages, Rs 499

Deepfake: India to prepare four-point action plan

Deepfake has emerged as a serious threat to democracy and social institutions across the world. Propagation of deepfake content via social media platforms has aggravated this challenge. Ministry of Electronics and Information Technology (MeitY) has, from time to time, advised social media in

Mumbai traffic: Let’s use some simple math

Two level of roads not enough, BMC to have triple traffic jams through underground junctions There is no shortage of short-sighted traffic experts who believe that creating more vertical space (either above or below the level) in already overcrowded and congested cities will be cou

Seizures worth Rs. 1,760 crore reported in five poll-bound states

The Election Commission of India’s persistent efforts have led to a significant and exponential increase in seizures in the five poll-going states of Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana. Seizures over Rs 1,760 crore have been reported in these five states since the announce

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Current Issue


Facebook Twitter Google Plus Linkedin Subscribe Newsletter