: Khadi sale crossed Rs 1 cr for four times in 40 Days #FinanceIndia #StockMarketNEWS Khadi sale crossed Rs 1 cr for four times in 40 Days New Delhi, Nov 16 (KNN) Overcoming the economic distress and

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Khadi sale crossed Rs 1 cr for four times in 40 Days #FinanceIndia #StockMarketNEWS
Khadi sale crossed Rs 1 cr for four times in 40 Days New Delhi, Nov 16 (KNN) Overcoming the economic distress and the fear surrounding the Corona pandemic, this festive season has yielded great dividends to the Khadi artisans with a record sale of Khadi products.

According to the Ministry of Micro, Small and Medium Enterprises (MSME), in just 40 days since October 2 this year, Khadi’s single-day sales figure has crossed Rs 1 crore mark for 4 times at the flagship Khadi India outlet at Connaught Place in New Delhi.

On November 13, the total sale at this outlet stood at Rs 1.11 crore, the highest single-day sale figure recorded this year. Ever since the business activities resumed after the lockdown, Khadi sales figure touched Rs 1.02 crore mark on Gandhi Jayanti (October 2) this year followed by Rs 1.05 crore sales on October 24 and Rs 1.06 crore on November 7, the Ministry said in a statement.

Earlier in 2018, the single-day sale had also crossed the Rs 1 crore mark on 4 occasions with the highest single-day sale for the year touching Rs 1.25 crore on October 13. Khadi’s highest ever single-day sale was recorded at Rs 1.27 crore on October 2, 2019, it added.

Notably, before 2016 Khadis single day sale had never crossed the Rs 1 crore mark. On October 22, 2016, the single day sale at Khadi India outlet in CP had reached Rs 116.13 crore.

KVIC Chairman Vinai Kumar Saxena attributed the massive sale figures to the frequent appeals of the Prime Minister to promote “Swadeshi”, particularly Khadi.

“It is heartening to see a large number of Khadi lovers coming out to support artisans who form the backbone of the Khadi and Village Industries sectors. Despite the pandemic, Khadi artisans kept the production activities going in full vigor and the fellow countrymen have reciprocated with the same zeal,” Saxena said.

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