MSME Ministry Announces Discounts on Khadi & Village Industries Products October 5, 2024 MSME Sampark Msme News 0 The Ministry of Micro, Small, and Medium Enterprises (MSME) has introduced a 25% wage hike for spinners and a 7% increase for loom weavers, effective from October 2. This move was originally announced on September 17. Manoj Kumar, Chairman of the Khadi and Village Industries Commission (KVIC), noted that spinners, who were previously earning ₹10 per hank, will now receive ₹12.50, reflecting an effort to improve economic conditions for rural workers. Kumar highlighted that under Prime Minister Narendra Modi’s leadership over the past decade, wages have risen by 213%, marking significant progress toward rural economic empowerment through the Khadi sector. To further boost this sector, a nationwide discount campaign is underway, offering a 20% discount on Khadi products and a 10% discount on Village Industries products. The discount period began today and will run until November 30. Kumar credited the transformation of spinners’ and weavers’ lives to Prime Minister Modi’s vision, noting that the “Khadi Revolution” has significantly boosted rural employment. He also reported that the Khadi sector surpassed ₹1.55 lakh crore in business last fiscal year, reinforcing its critical role in India’s rural economy. Disclaimer: The information provided is for general informational purposes only. We do not guarantee the accuracy or reliability of the details mentioned. For specific advice or financial guidance, please consult the appropriate professionals. Popular Articles Msme News Global Cleantech Expo Odisha Mobilises 5,000+ MSMEs for Clean Energy Growth Msme News Debroy’s Demise: A Monumental Loss for Indian MSMEs, Says FISME Msme News AI for MSMEs: Bridging the Gap Between Technology and Business Goals Msme News Telangana Unveils New MSME Policy, Allocates ₹4,000 Crore for Development Msme News Government Introduces Simplified GST Registration for Small and Low-Risk Businesses Msme News 11 Crore Jobs Created by MSMEs, Backbone of India’s Economy; Rajya Sabha MP Neeraj Shekhar Ji at MSME Bharat Summit 2025 Msme News India Gets Temporary Relief as US Postpones Tariffs Msme News “Indian Small Businesses are Tech Savvies…” Vijay Shekhar Sharma, CEO at Paytm Msme News Power Ministry Launches ₹1,000‑Cr ADEETIE Scheme to Boost Energy Efficiency in MSMEs Msme News “Vibrant MSMEs, Viksit Bharat”: Government Highlights MSME Power at IITF 2025
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