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Home SPIN Scheme: KVIC - Check Aim, Features & Key points Here!

SPIN Scheme: KVIC – Check Aim, Features & Key points Here!

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Hello dear readers,
Welcome to another interesting and informative blog brought to you by Hranker.com. In today’s blog we are going to learn about the recently launched Strengthening the Potential of India (SPIN) by KVIC (Khadi and village Industries Commission).

On 17th September 2021, Khadi and village Industries Commission KVIC launched a unique Scheme called SPIN (Strengthening the potential of India) and set up “Kashi Pottery Cluster” under SFURTI Scheme in Varanasi to empower over 1100 people of the occasion of sewa diwas the birthday of Prime Minister Shri Narendra Modi.

SPIN is a specifically designed program to make potters self-sustainable. Under the scheme, KVIC will facilitate Potters to get easy loans from banks that will help the Potters to diversify their activities and enhance their income. This will reduce their dependence on government subsidy and this make them self reliant.

The SPIN Scheme and Kashi Pottery Cluster will play a major role in empowering the potters community which is the dream of the Prime Minister.

Apart from pottery, KVIC will also explore and strengthen other traditional arts under the SPIN Scheme.

In addition to this, KVIC distributed tool sets to 80 carpentry artisans in Varanasi and also planted 200 bamboo saplings at Sewapuri Ashram in Varanasi.

Key Points:

•SPIN Scheme:

The Scheme is aimed at bringing self sustainability in the Indian pottery sector.

•Launched by:

Ministry of Micro, Small and Medium Enterprises (MSME)

•Aim:

To organize traditional industry and artisans into clusters to make them competitive and increase their income.

KVIC is the nodal agency for the promotion of cluster development for Khadi as well as for Village Industries products.

About:

-It was inaugurated at village Bhatti in Varanasi.

-Under SPIN, KVIC will facilitate potters to get easy loans from banks that will help the potters to diversify their activities and enhance their income.

-This is the first pottery cluster in Varanasi District set up by KVIC under the scheme of fund for registration of traditional industries.

•Objective:

-It is aimed at sustainable development by creating local self employment which is aligned with the Prime Minister’s commitment of “Job of every hand” (har hath mai kam)

•Features:

-It is a non subsidy program.

-KVIC facilitates potters to get bank loans under Pradhan Mantri Shishu Mudra Yojana.

-No financial burden on the Exchequer

-Beneficiaries can repay the loans in self-reliance.

This brings us to the end of our blog. Hope you found this article informative. Stay tuned with us as we will be bringing to you many such interesting articles that will be helpful for you.

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