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Justify the following statement. KVIC plays an important role in development of entrepreneurship. - Organisation of Commerce and Management

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Question

Justify the following statement.

KVIC plays an important role in the development of entrepreneurship.

Short Note

Solution

  1. Entrepreneurship Development is one of the major functions of KVIC.
  2. KVIC helps to provide additional livelihood avenues to the village communities.
  3. KVIC generate self-employment opportunities through establishment of micro-enterprises by organizing traditional artisans and unemployed youth. It increases the earning capacity as well as prevents migration.
  4. KVIC actively participates in many international trade exhibitions for popularising its products in international markets.
  5. Thus, we can say that KVIC plays an important role in the development of entrepreneurship.
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Khadi and Village Industries Commission (Kvic)
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Chapter 6: Institutes Supporting Business - Exercise Q.5 [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.5 | Q 4 | Page 136
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