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Finshots Daily

The contrasting lives of Khadi: A Post Independence Day Special

Aug 16, 2024
Explore the fascinating history of Khadi, the fabric symbolizing freedom. Delve into its rise and how it continues to inspire. Learn about its impressive impact on sales and job creation, while uncovering the challenges faced by artisans, such as low wages and lack of support. This contrast between success and struggle highlights the complex reality of Khadi in a post-independence society.
08:13

Podcast summary created with Snipd AI

Quick takeaways

  • Khadi's revival in post-independence India has led to a 400% surge in global sales, highlighting its historical significance and modern appeal.
  • Despite the booming Khadi market creating millions of jobs, artisans face severe economic challenges and inadequate working conditions, revealing a stark disparity.

Deep dives

The Resurgence of Khadi and Its Economic Impact

Khadi has seen a remarkable resurgence, with a 400% increase in global sales reaching 1.5 lakh crore rupees in FY24, and production surging by 300% as well. This growth aligns with the Make in India initiative, creating approximately 10 lakh new jobs and significantly contributing to the economy. The success of Khadi is not only a nod to its historical significance but also reflects modern trends, as renowned designers incorporate it into high-fashion events, attracting a younger audience. However, this booming market brings to light underlying issues, as many artisans still struggle with low wages and inadequate working conditions despite the expanding industry.

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