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'India continues to use more cash today than 8 years ago': Rahul Gandhi on demonetisation anniversary

IndiaTimes Friday, 8 November 2024
On the eighth anniversary of demonetisation, Rahul Gandhi criticized the policy, stating it damaged MSMEs and the informal sector while failing to curb cash usage. He highlighted that cash as a percentage of GDP is higher now than before demonetisation, advocating for policies that support fair businesses.
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Rahul Gandhi Rahul Gandhi Indian politician (born 1970)

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Ministry of Micro, Small and Medium Enterprises Ministry of Micro, Small and Medium Enterprises Government ministry of India

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In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the past 11 years, highlighting KVIC’s impact on the nation's development. Chairman Shri Manoj Kumar attributes this success to the leadership of Prime Minister Narendra Modi and the guidance of the Ministry of MSME. KVIC has also generated jobs for over 1.94 crore people, many in rural areas, empowering India's Atmanirbhar Bharat mission. The remarkable growth in Khadi clothing sales, which surged by 561%, and the record business at Khadi Gramodyog Bhawan, underline the significance of this achievement in India's economic transformation. Watch the full video for insights on KVIC’s historic journey and its contribution to making India self-reliant. #KVIC #AtmanirbharBharat #PMModi #Khadi #MakeInIndia #ViksitBharat #IndianEconomy #RuralDevelopment #KhadiGramodyogBhawan #EconomicGrowth #India #SelfReliance #PMEGP #MSME #IndianDevelopment #KVICRecord #KhadiSales #EmploymentGeneration

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