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Business Opportunity: Start your business in just 35 thousand rupees and earn millions!

Currently, the purchase of paddy rice is underway for Kharif 2020-21. This season you can earn a good income by installing a rice processing unit. The government will also assist you in starting this business.

  • News 18
  • Last updated:November 6, 2020, 9:47 am IST

New Delhi: If you are also planning to start a business, today we will tell you a business you can earn with. Currently, paddy is currently being procured for Kharif 2020-21. This season you can earn a good income by installing a rice processing unit. The government will also assist you in starting this business. If you want, you can start this business with the help of Mudra loan. Let us tell you how much money it will cost to start this business and how much money will be made- Will need so much space The Khadi and Village Industries Commission has drawn up a profile of several projects. You can apply for a loan on the basis of these profiles by drawing up a report of your project. If you want to start a rice mill, also known as a rice processing unit, you will need to rent a shed measuring about 1,000 square feet, according to this report. Also read: Start a strong business with a profit, earn up to 70 thousand rupees every month!After that, you need to buy Paddy Cleaner with Dust Bowler, Pada Separator, Paddy Diusker, Rice Polisher, Bran Processing System, Aspirter. It is estimated that about 3 lakh rupees could be spent on all of these rupees. Apart from this, about 50 thousand rupees will have to be kept as working capital. This way you can start a rice mill for Rs 3.50 lakh. How much is it To start this business you need to spend 3.50 lakh rupees. Apart from this, if you don’t have that much money to invest in business, you can take out a Mudra loan. The government gives you a 90 percent loan in it. That is to say, you can start this business by applying as little as 35,000 rupees.
Receives 90 percent support If you want to get financial aid from the government, you can apply for a loan through the Premier Employment Generation Program (PEGP). Loans of up to 90% are provided under this scheme. The loan can be applied for online. Click on this link – https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp Also read: Become a millionaire before Diwali, only this 1 rupee note will make you rich! How will you earn Under the project you process about 370 quintals of rice. The production cost is about 4.45 lakh rupees, while if you resell all the goods, your turnover will be about 5.54 lakh rupees. That is to say, you can earn up to about 1.10 lakh rupees.




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