Technology Park being developed to facilitate Deep-tech Start-ups: MoS (See 'Corp Brief') PMLA - ED cannot arrest accused without prior approval from Special Court once cognizance is taken, even if ECIR is filed earlier & accused cooperates throughout investigation: HC (See 'Legal Desk') Estee Lauder joins hands with DPIIT to promote women-led startups in beauty products sector (See 'Corp Brief') SARFAESI - Auction purchaser can't be fastened with outstanding liability of dues and taxes, which had accrued and were connected with and were solely attributable to business of erstwhile dealer: HC (See 'Legal Desk') Khadi artisans to receive wage hike from April 01, 2025 (See 'Corp Brief') A&C - Unless there exists error, apparent which goes to root of matter, interference by court with arbitral award is not warranted: HC (See 'Legal Desk') Govt hosts workshop on increasing R&D in pharma-medical tech sector (See 'Corp Brief') Misc - Degree of integrity & probity is expected of Chartered Accountant because of trust posed in him by his clients, and his professional misconduct erodes credibility to Institution of Chartered Accountants: HC (See 'Legal Desk') CCI okays proposed combination via acquisition of Ayana Renewable Power Pvt. Ltd. by ONGC NTPC Green Pvt. Ltd. (See 'Corp Brief') Companies Act - Findings of apex expert body like RBI warrant for issuance of protective ad-interim orders: HC (See 'Legal Desk') CCI okays acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation (See 'Corp Brief') IPR - Manufacturer of counterfeit products, for its blatant act of counterfeiting, shall be restrained from selling products under registered brand's trademarks and its logos, and shall pay for damages: HC (See 'Legal Desk') Companies Act 2013 adequately bolsters corporate governance & ensures transparency: MoS (See 'Corp Brief') IBC - AR trying to evade to take up request of financial creditors for replacement of RP and failing to represent interest of financial creditors, violates Sec 25A: IBBI (See 'Legal Desk') Rs 25 Lakh loans, decision in 14 days - Govt moves to enhance credit access for MSMEs (See 'Corp Brief') SEBI - Passing of Settlement Order shall be without prejudice to rights of SEBI, including restoring or initiating of proceedings, if there was discrepancy while arriving at settlement terms: SEBI (See 'Legal Desk') MSME Sector sees continued growth as NPAs fall (See 'Corp Brief') SEBI - By not taking prior approval of audit committee for RPTs, Noticee has violated Regulation 23(2) of LODR Regulations: SEBI (See 'Legal Desk') Natural Products Expo West 2025 - APEDA showcases Indian prowess in organic farming (See 'Corp Brief') IPR - Sporadic use of trademark in India is no ground to assume that said trademark has acquired reputation and goodwill of mark in India: HC (See 'Legal Desk') PMLA - Mere attachment of property does not alter position with regard to ownership or even possession/use of properties which are subject matter of such attachment: SAFEMA (See 'Legal Desk') NHLML, IWAI ink MoU for state-of-art Multi-Modal Logistics Park in Varanasi (See 'Corp Brief') IBC - Prima facie contraventions of regulations, including failure to maximize stakeholder value and non-compliance with auction procedures, justifies initial suspension of registration for two years: IBBI (See 'Legal Desk') Govt announces reward for developing toys fostering learning & child development (See 'Corp Brief') Misc - Case under Negotiable Instrument Act, can't be transferred from one place to another for lack of jurisdiction u/s 406 of CrPC: SC (See 'Legal Desk') Space Technology revolutionizes governance, agriculture & Defence: MoS (See 'Corp Brief') PC Act - Anticipatory bail should only be granted in exceptional cases where there is prima facie indication of false implication or frivolous allegations: SC (See 'Legal Desk') Department of Fisheries hosts Fisheries Startup Conclave 2.0 in Hyderabad (See 'Corp Brief') PMLA - High Court can't direct ED to register ECIR only based on its prima facie finding on predicate offence: SC (See 'Legal Desk') Mandaviya joins in unique Cycle Rally to mark International Women's Day (See 'Corp Brief') Trade Marks Act 1999 - new Trade Mark identical to existing RAPIDO trade mark, warrants cancellation, as it seeks to dishonestly exploit goodwill & reputation of existing Trade Mark holder: HC (See 'Legal Desk') IBC - Section 95 application filed by Respondent No.1 Bank is valid: NCLAT (See 'Legal Desk')

Print

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".

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.