INDIAN COTTAGE INDUSTRY AT A GLANCE IN 2017 - 2018 General Overview
The Cottage Industries play an important role in the Indian Economy and generation of
employment opportunities to the unemployed youth of the Country. Cottage Industries not only
play a crucial role in providing large employment opportunities but also help in Industrialization
of rural and backward areas of the country thereby reducing the regional imbalance, assuring
more equitable distribution of national income and wealth. It also contributes enormously to the
socio- economic development of the country.
Khadi Industry
The Khadi and Village Industries Commission (KVIC) is engaged in promoting and developing Khadi and Village Industries for providing employment opportunities in rural areas thereby strengthening the rural economy of the country. Khadi and Village Industries has been identified as one of the major organization for generating sustainable employment in the non-farm sector.
Performance for 2017
During the year 2017, the Khadi and Village Industries sector as a whole generated employment opportunities to 136.40 lakh persons and also recorded production and sales of Rs.42631.09 crore and Rs.52138.21crore respectively during 2017.