Khadi startups get incentives

15 February 2023, Mumbai

Khadi is fast emerging as a new and lucrative start-up avenue in India.

The worth of khadi for entrepreneurship and industry is being realized. There has been a record sale of khadi products and also a manifold increase in export of khadi. The Khadi and Village Industries Commission distributed subsidies to beneficiaries and entrepreneurs spread across the north Indian states of Punjab, Himachal Pradesh, Haryana and Rajasthan and the union territories of J&K and Ladakh.

The Khadi and Village Industries Commission through its various programs is generating employment opportunities for artisans at their doorstep in remote areas at a very low cost. There has been a rise in the monthly income of artisans by around 33 per cent and by ten per cent for weavers.

Khadi garments and outfits have assumed the status of designer items and elite wear. Uttar Pradesh will provide financial assistance for opening khadi outlets. The subsidy will vary depending on the number of outlets being opened.

Those opening 50 khadi oulets will get a Rs 2 crore subsidy. Those opening 100 outlets will get a subsidy of up to Rs 4 crores. The subsidy will increase to Rs 8 crores for 200 or more outlets and Rs 10 crores for opening 500 outlets.

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