50 Years Of Khadi And Village Industries Commission Proof Coin Set

50 Years Of Khadi And Village Industries Commission Proof Coin Set 

Features

The Khadi and Village Industries Commission (KVIC) is a statutory body
formed by the Government of India, under the Act of Parliament, ‘Khadi and Village Industries
Commission Act of 1956′. In April 1957, it took over the work of former All India Khadi and Village
Industries Board. The Khadi and Village Industries Commission is a non-profit group that serves to
promote the use of Khadi (a type of hand-woven cloth) in India. The group is government-run and serves
to promote the use of Khadi and small-scale industries. The group also gives licenses to companies that
wish to manufacture the Flag of India. Khadi Bhandar chain stores are managed as per the rules and
guidelines by this organisation. These stores serve as outlets for products made by village industry. It is
not restricted to sell Khadi only. They also sell matchsticks, incense sticks, decorative items made from
wood and earth, honey, leather items etc.

In commemoration of the Golden Jubilee Celebration of Khadi and Village Industries Commission, India
issued this 5 rupees commemorative coin on 19th November, 2007, for general circulation. On this
occasion, another coin, in the denomination of 50 rupees, was issued as proof / uncirculated specimen.

REVERSE:- The reverse of this coin shows the portrait of “Mahatma Gandhi” at the centre and a lady
with a charkha and a village scence, flanked on the upper periphery with the words “Khadi Aur
Gramodyoga Ayoga” and “50 Varsha” below it in Hindi and on the lower periphery “KHADI AND
VILLAGE INDUSTRIES COMMISSION” and “50 YEARS” above it in English. “2007” – the year of
issue is written in very small sized letters at the bottom periphery.

OBSERVE –. The top portion contains words “Bharat” in Hindi and “INDIA” in English, The bottom
portion shows “Rupaye” in Hindi and “RUPEES” in English.The center portion bears the “Lion capitol”
of Ashok Pillar with the legend “Satyameva Jayate” in Hindi inscribed below, the prominent
International numeral “5” indicates the denomination.