PSU NEWS
KVIC Chief Vinai Kumar Saxena gets 3 Year Extension
NEW DELHI. Khadi and Village Industries Commission (KVIC) Chairman Vinai Kumar Saxena will continue to head the organisation for another three years. An official from the Ministry of Micro, Small and Medium Enterprises (MSME) said September 6 that the Centre granted the extension to Saxena, the only person in the government from corporate side heading an autonomous body, with effect from September 5, 2019.
Saxena, first appointed KVIC Chairman in October 2015, explored untapped streams of Khadi and Village Industries and implemented many innovative schemes like 'Honey Mission', 'Kumhaar Sashaktikaran Scheme' and leather artisans development scheme, he said.
The official said it was his idea that resulted in Khadi's average jump of over 62 per cent in Khadi fabric production in the last five years -- from 105.38 million sq mt in 2014-15 to 170.80 million sq mt in 2018-19.
Read Also : Vice Admiral Dinesh Kumar Tripathi appointed as next Chief of the Naval Staff
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project