Categories: Miscellaneous

KVIC cancels license of oldest Khadi Institution “Khadi Emporium”

Khadi and Village Industries Commission (KVIC) has cancelled the “Khadi Certification” of its oldest Khadi Institution named Mumbai Khadi & Village Industries Association (MKVIA). This MKVIA was running the popular “Khadi Emporium” at Metropolitan Insurance House, Mumbai since 1954. KVIC has cancelled the license of MKVIA as the latter had started selling fake Khadi products, which was against the “zero-tolerance” policy of KVIC against the sale of spurious/non-Khadi products.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Why was this step taken?

  • The action came after KVIC found that the said Khadi Emporium at D.N. Road was selling non-Khadi products in the guise of genuine Khadi. During a routine inspection, KVIC officials collected samples from the Emporium that were found to be non-Khadi products.
  • KVIC issued a legal notice to MKVIA for flouting the norms of the “Khadi Certificate” and “Khadi Mark Certificate” issued by the Commission. With the cancellation of the registration, Khadi Emporium ceases to be a genuine Khadi Outlet and is no longer permitted to sell Khadi products from the Emporium.
  • KVIC is also contemplating legal action against the MKVIA for criminal breach of trust and cheating the public at large by misusing the credibility and popularity of brand Khadi.

Current affairs 2022

Important takeaways for all competitive exams:

  • KVIC Founded: 1956;
  • KVIC Headquarters: Mumbai;
  • KVIC Chairperson: Vinai Kumar Saxena;
  • KVIC Parent agency: Ministry of Micro, Small and Medium Enterprises.

Find More Miscellaneous News Here

Sumit Arora

Recent Posts

Indian Oil Welcomes Arvindar Singh Sahney as New Chairman

Arvindar Singh Sahney has been appointed as the new chairman of Indian Oil Corporation (IOC),…

15 hours ago

List of Chief Justice of India from 1950-2024

Chief Justice of India The Chief Justice of India (CJI) is the highest-ranking judge and…

15 hours ago

MHA Greenlights CISF’s First All-Women Unit

The Ministry of Home Affairs (MHA) has approved the creation of the Central Industrial Security…

16 hours ago

Aravindh Chithambaram Clinches Masters Title at Chennai Grandmasters 2024

GM Aravindh Chithambaram made a remarkable late surge in the final rounds, winning the last…

16 hours ago

PM Modi’s Three-Nation Visit: G20 Summit in Brazil, Nigeria, and Guyana (Nov 16-21)

Prime Minister Narendra Modi is set to undertake a crucial three-nation tour from November 16-21,…

16 hours ago

New Bike Taxi Service by Delhi Metro Includes Women-Driven Rides

Delhi Metro has introduced a new bike taxi service, available for booking through the official…

16 hours ago