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Village Industry

Discuss Village Industry within the Management Of Co-operatives forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; The term “Village Industries” has been redefined in amended KVIC, Act, 1956 as “any industry located in a rural area ...

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Abhijeet S
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Village Industry - October 13th, 2010

The term “Village Industries” has been redefined in amended KVIC, Act, 1956 as “any industry located in a rural area which produces any goods or renders any service with or without the use of power and in which the fixed capital investment per head of artisan or worker does not exceed Rs. one lakh (Rs. one lakh and fifty thousand in case of village industry located in a hilly area) or such other sum as may, by notification in the Official Gazette, be specified from time to time by the Central Government”.
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