KVIC the khadi and village industries commision (KVIC) established by an act of parliament is a
statutory organization engaged in promoting and developing khadi and village
industries for providing employment opportunities in the rural areas, thereby
strengthening the rural economy.
Sector. The coir industry is a labour-intensive and export-oriented
industry. It uses coir husk, a by-product of coconut. India is the largest coir
producer in the world accounting for more than 80% of the total world
production of coir fiber. The coir sector in India is very diverse and involves
households, co-operatives, NGOs, manufacturers and exporters. The Coir Board, a
statutory body established under the Coir Industry Act 1953, looks after the
promotion, growth and development of the coir industry, including export
promotion and expansion of the domestic market. The Coir Board implements a
number of schemes which include assistance for participation in exhibitions,
training for skill development and assistance under Mahila Coir Yojana,
training, financial assistance for modernization of existing units, undertaking
R&D activities, etc.
Ministry of Agro and Rural Industries (ARI) implements two nation-wide
employment generation programmes, namely, Rural Employment Generation Programme
(REGP) and Prime Minister’s Rozgar Yojana (PMRY). Both these programmes are
credit-linked capital subsidy schemes which are implemented through commercial
banks. While the REGP is implemented by the KVIC, the PMRY is implemented by
the State Governments through the District Industries Centers (DICs).
The Prime Minister’s Rozgar
Yojana (PMRY) was launched on 2nd October 1993 to assist educated
unemployed youth in setting up self-employment ventures.The main objectives of REGP
are to generate employment in rural areas, develop entrepreneurial skills
and aptitude among rural unemployed youth, achieve the goal of rural
industrialization and facilitate participation of banks in the village
industries sector so as to ensure higher credit flow to these industries.