Section 2 of KVIC Act : Section 2: Definitions
KVIC Act
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Explanation using Example
Imagine a scenario where a local entrepreneur, Priya, wants to start a business producing handwoven cotton bags in her small town, which has a population of 18,000 people. To understand the benefits and regulations she needs to comply with, she refers to The Khadi and Village Industries Commission Act, 1956.
Under this Act, Priya learns that her business qualifies as a "village industry" because it is located in a "rural area" (as the population does not exceed twenty thousand) and involves the production of "khadi" (handwoven cotton bags). Additionally, she ensures that the...
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