18.19 lakh new workers enrolled under ESI in Jan month (See 'Corp Brief') Credit to women by PSBs - Substantial increase over last 5 years: MoS (See 'Corp Brief') A&C - If renewal of contract is based on criteria of performance, contract is deemed to have to been extended, if said criteria is met: HC (See 'Legal Desk') MeitY to host 'Nano Electronics Roadshow' at Bengaluru (See 'Corp Brief') IPR - Clear case of capitalizing on plaintiff's goodwill & reputation, by infringing products bearing plaintiffs trademark, calls for compensation and damage cost: HC (See 'Legal Desk') 12 Mines Successfully auctioned: Govt (See 'Corp Brief') IBC - Commercial wisdom of Committee of Creditors (CoC) in rejecting resolution plan and opting for liquidation is 'non-justiciable': NCLAT (See 'Legal Desk') IICA launches Samarthya: National Competition on Corporate Rescue Strategies 2025 (See 'Corp Brief') NI Act - Cause of action u/s 138 arises only when amount remains unpaid even after expiry of fifteen days from date of receipt of demand notice: SC (See 'Legal Desk') APEDA facilitates export of Anthurium flowers from Mizoram to Singapore (See 'Corp Brief') Competition Act - Transaction is notifiable and by consummating same without filing notice u/s 6(2) of Act, GS is liable to penalty u/s 43A of Act: CCI (See 'Legal Desk') Goa Shipyard launches second P1135.6 frigate (See 'Corp Brief') IBC - Mere absence of option to purchase leased equipments vested in Corproate Debtor can not make financial lease as operational lease: NCLT (See 'Legal Desk') 'Building Climate-Resilient Future' symposium concludes with commitment to Action (See 'Corp Brief') Most prudent course of action is to direct company to refund money raised through IPO, if company relied on sham entity and participated in cover-up: SEBI (See 'Legal Desk') Indian Army organises Special Cataract Eye Surgery Camp for Ex-servicemen (See 'Corp Brief') Stock broker shall be liable for monetary penalty in respect of violations, inter-alia namely, extending use of trading terminal to any unauthorized person or place: SEBI (See 'Legal Desk') Change by Heraclitus and LODR Regulations (See 'Corp EINSICHT')

Khadi artisans to receive wage hike from April 01, 2025

Published: Mar 13, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 13, 2025: A press conference was held on Tuesday at the Rajghat office of Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises, Government of India, New Delhi. On this occasion, KVIC Chairman Manoj Kumar shared information about the achievements of the Khadi and Village Industries sector during the financial year 2024-25 and said that the Commission has taken an important decision in the interest of Khadi artisans. The wages of Khadi artisans will be increased by 20 percent from April 1, 2025. Presently, spinners get Rs 12.50 for spinning per hank on the charkha, which will be increased by Rs 2.50 from April 1, 2025. As per the increased rate, they will now get Rs.15 per hank spun.

Chairman, KVIC informed that during the past 10 years under the leadership of Prime Minister Narendra Modi, the ‘Khadi Revolution' has brought about a comprehensive change in the lives of artisans. The Government has made a historic increase in the income of spinners and weaver.

- The wages was increased from Rs.7.50 to Rs.10 per hank on 1st April 2023.

- It was increased from Rs.10 per hank to Rs.12.50 per hank on 17th September 2024.

- It is being increased to Rs.15 per hank from 1st April 2025.

- In the last 11 years, the Modi Government has made a historic increase of 275% in the wages of Khadi artisans.

- Chairman, KVIC informed that on the occasion of Maha Kumbh 2025, a national level Khadi and Village Industries Exhibition was organized at Prayagraj from 14 January to 27 February 2025.

- With the impact of Prime Minister Narendra Modi's 'Khadi Revolution', there was a historic sale of Khadi products worth Rs 12.02 crore.

- 98 Khadi and 54 Village Industries stalls were set up in the exhibition, in which Khadi worth Rs 9.76 crore and Village Industries products worth Rs 2.26 crore were sold.

While talking to journalists, Manoj Kumar said that Prime Minister Narendra Modi has given the mantra of 'Khadi for Fashion' for 'Khadi Renaissance' during Bharat Tex-2025 organized at Bharat Mandapam, Delhi. With the aim of taking this mantra to the masses and popularizing Khadi as a modern dressing, KVIC recently organized grand Khadi fashion shows in major cities of the country including Nagpur, Pune, Vadodara, Chennai, Jaipur and Prayagraj. He informed that through these fashion shows organized under the inspiration of the Prime Minister, an effort was made to reach the 'New Khadi of New India' especially to the younger generation, which has been extremely successful. This has given a new dimension to Khadi and it is establishing its identity as a modern garment.

Chairman, KVIC informed that there has been a historic increase in the sale of Khadi and Village Industry products in the last 10 years. The sale of Khadi and Village Industry products increased 5 times i.e. from Rs 31,000 crore to Rs 1,55,000 crore in the financial year 2023-24. While the sale of Khadi clothes increased 6 times i.e. from Rs 1,081 crore to Rs 6,496 crore in FY 2023-24. In all 10.17 lakh new persons got employment in FY 2023-24. He further said that according to the data received so far, a new record of production and sales will be created in FY 2024-25. Chairman, KVIC said, "With the impact of Khadi revolution under the leadership of Prime Minister Narendra Modi, Khadi has become not just a fabric but the foundation of economic empowerment of rural India".

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