Indian Railways gives linen supply order to KVIC after adopting kulhads
In an order issued on January 17 by the Railway Board, railways said that first priority for procurement of linen items - two bedsheets, pillow cover and face towel - should be given to KVIC and then to ACASH- Association of Corporations & Apex Societies of Handlooms.
In what comes as a double New Year bonanza for artisans, railways has ordered all its zones to procure linen items from KVIC, days after instructions were issued to Varanasi and Raebareli to use terracotta kulhads from the government organisation in stations to serve tea and other items.
Earlier this month, the railways had decided to use locally- produced, environment-savvy terracotta products manufactured by the Khadi and Village Industries Commission (KVIC) like kulhads, glasses and plates for serving catering items to passengers at these two railway stations.
In an order issued on January 17 by the Railway Board, railways said that first priority for procurement of linen items - two bedsheets, pillow cover and face towel - should be given to KVIC and then to ACASH- Association of Corporations & Apex Societies of Handlooms.
It also stated that only if these two bodies fail to meet the the requirements should the zonal railways approach open market.
"Railways would not only give more works to the artisans associated with Khadi and Village Industries activities, but it would also pave way for the KVIC for more convergence with different ministries and public sector units.
Orders from the railways will certainly create more employment and subsequently raise the income of the existing artisans," KVIC chairman Vinay Kumar Saxena said while thanking the Railway Ministry for the move.
In January 2016, the railways had given an order of Rs 40 crore to the KVIC for the supply of six lakh bedsheets and eight lakh pillow covers.
Watch this Zee Business video
With these orders, the immediate supply order of Rs 25 crores before March 31 this year will be generated and from next year onwards KVIC will get orders worth Rs 100 crore, said Saxena.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
05:56 PM IST