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Answer in brief. State any four features of NABARD. - Organisation of Commerce and Management

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Question

Answer in brief.

State four objectives of KVIC.

Answer in Brief

Solution

Objectives of KVIC:

  1. Development of Khadi and Other Village Industries: KVIC is actively working for planning, promotion and production of khadi as well as in setting up of village and rural industries in India. It identifies the potential for the development of rural industries and undertakes the valuable task of promoting and developing locally operating village enterprises.
  2. Special Objective: KVIC has a special objective of providing employment. It gives emphasis on utilizing the locally available raw materials and human skills to generate non-farm employment opportunities in rural areas. It plays the role of co-ordinator with other agencies engaged in rural development.
  3. Economic Objective: KVIC is actively working for planning, promotion and production of khadi as well as in setting up of village and rural industries in India. KVIC receives funds from the Ministry of MSMEs for the effective implementation of various programs and schemes. It helps in producing saleable articles that help the economic development of the country.
  4. Wider Objective: It has a wider objective of creating self-reliance amongst the poor and building up of a strong rural community spirit.
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Khadi and Village Industries Commission (Kvic)
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Chapter 6: Institutes Supporting Business - Exercise Q.4 [Page 136]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 6 Institutes Supporting Business
Exercise Q.4 | Q 2 | Page 136
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