Govt approves proposal to amend KVIC Act

The Government has approved a proposal to amend the Khadi and Village Industries Commission (KVIC) Act, 1956, with the objective of modernising the legal framework governing the Khadi and Village Industries (KVI) sector, the MSME Ministry said on Tuesday. The proposed amendments aim to align the Act with contemporary economic and rural development priorities, strengthen institutional governance, promote inclusivity, formalise rural enterprises, and enhance the competitiveness of village industries in domestic and global markets. They seek to bring the KVIC Act in line with current policy frameworks and support the Government’s vision of inclusive and sustainable rural economic development.