Mandatory for government departments to make 20 per cent handloom purchase from KVIC, registered weavers, Retail News, ET Retail

Davida Erdahl

New Delhi: In purchase to raise the khadi industry, the finance ministry has requested all government departments to mandatorily buy at minimum twenty for every cent of their textiles necessity from KVIC, handloom clusters and registered weavers. In purchase to employ this adjust, the Ministry of Finance has amended Rule […]

New Delhi: In purchase to raise the khadi industry, the finance ministry has requested all government departments to mandatorily buy at minimum twenty for every cent of their textiles necessity from KVIC, handloom clusters and registered weavers. In purchase to employ this adjust, the Ministry of Finance has amended Rule 153 of Normal Economic Regulations (GFR) 2017.

Until now, the central government experienced reserved all products of hand spun and hand-woven textiles (khadi items) for exceptional acquire from Khadi Village and Industries Commission (KVIC).

As for every the amended rule, “of all products of textiles required by the central government departments, it shall be mandatory to make procurement of at minimum twenty for every cent, from amongst products of handloom origin, for exceptional acquire from KVIC and/ or handloom clusters”.

The handloom clusters include co-operative societies, self aid team federations, joint liability team, producer providers, corporations which includes weavers acquiring ‘pehchan cards’, mentioned a the latest round from the Ministry of Finance, Section of Expenditure Procurement Coverage Division (PPD).

In the Union Spending budget introduced to Parliament on February one, Finance Minister Nirmala Sitharaman experienced greater the allocation for ‘khadi, village and coir industries’ to Rs one,525.94 crore for the next fiscal.

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