With the success mantra of corporate giants ‘Give the best to get the best’, Khadi and Village Industries Commission (KVIC) has taken a historic decision after its inception in 1956. Talking on serious note of the low profitability of the Khadi Institutions (KIs) due to the low remuneration of its office bearers, the KVIC has decided to increase their salary linking with the sales performance of each KI from January 1. It would not only make them economically strengthened, it would also inspire them to yield the best to get the best.
Giving this information, KVIC Chairman V K Saxena said, except a few Khadi Institutions, most of them pay very meager amount of remuneration to its office bearers – ranging from Rs 5,000 to Rs 10,000 per month. “It was the need of the hour to connect their salary with the sales performance of their respective KIs. It will act as a morale booster for them to work hard for an overall improvement of the institutions. Most of the profitability is blocked in the form of large inventories and sundry debtors. low remuneration also opens up ways for the office bearers to use unfair means to earn extra money from the KIs, to meet out their house hold expenditure” he further added. Not only that, it would also encourage everyone from artisan to office bearers to give their best to increase their income and consequently increasing the employment opportunities.
The KVIC Chairman further informed that this issue was discussed on many occasions at various forms including with the Minister of MSME, Giriraj Singh and it was unanimously proposed to give proper increase in their monthly remuneration of Secretaries and Chairmen of KIs.
It may be noted that in a recent meeting of Khadi federation on December 16 at Gandhi Darshan in New Delhi, their representatives hailed the suggestion of the KVIC Chairman and admitted that Chairman's approach would certainly boost the morale of the office bearers and subsequently increase the profitability and productivity of the institutions.
“The monthly remuneration proposed varies from Rs 15,000 to Rs 90,000 per month with respect to the turnover of the Khadi Institutions ranging from Rs 50 lakh to Rs 5 crores and above. The institutions with lower turnover will now enthusiastically approach to make it doubled or tripled as it would directly be proportional to their performance. Similarly, the federation members agreed that value addition in the products will not affect the pricing in any manner,” Saxena added. Similarly members of the board of Khadi institutions will also get Rs 1000 per sitting, which has been started for the very first time.