Khadi to boost India’s economic growth & generate employment- Suresh Prabhu

Delhi | Saturday | 21st July, 2018

Summary:

Minister of Commerce and Industry, Mr.

Suresh Prabhu today said that promoting khadi will not only boost India’s economic growth, but also create new employment opportunities

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In a video message at the conclave on ‘Taking KHADI: Local to Global’ organized by FICCI, jointly with IIFT and IAMKHADI, Mr.

Prabhu said that the government aims to promote Khadi as a global fabric, and therefore, new designs, styles, promotion and adoption of Khadi are essential.

To ensure this, district level development is key, which in turn will promote the economic growth.

He said that 6 districts in 5 states have been identified and taken up as pilot project, adding, “imagine if all districts start growing at 3% more than normal, India’s GDP will be more than 3% of what it is today.” 

Mr.

Alok Vardhan Chaturvedi, DGFT, Ministry of Commerce & Industry said that Khadi sector employs 80 lakh people and government assistance and promotions can provide once-in-a-while push, but the long-term sustainability requires inherent demand.

He added that there is huge opportunity for Indian fashion industry in textile sector, both in domestic and international market, and Khadi needs to create demand.

Mr.