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Currently, paddy procurement is going on for Kharif 2020-21. In this season, you can earn well by putting a rice processing unit. The government will also help you in starting this business.
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New Delhi: If you are also planning to start a business, then today we will tell you a business, through which you can earn. Actually, paddy procurement is going on for Kharif 2020-21 at this time. In this season, you can earn well by putting a rice processing unit. The government will also help 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 take to start this business and how much will it be earned-
Want so much place
A profile of many projects has been prepared by Khadi and Village Industries Commission. Based on these profiles, you can prepare a report of your project and apply for the loan. According to this report, if you want to start a rice, which is also called a paddy processing unit, then you will have to take a shed of about 1000 square feet on the fare.
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After this you will have to buy Paddy Cleaner with Dust Bouler, Paida Separator, Paddy Diuskar, Rice Polisher, Bran Processing System, Aspiritor. It is estimated that all these can cost about 3 lakh rupees. Apart from this, about 50 thousand rupees have to be kept as a working capital. In this way you can start a rice mill for Rs 3.50 lakh.
How many rupees will be spent
You will have to spend Rs 3.50 lakh to start this business. Apart from this, if you do not have that much money to invest in business, then you can take a currency loan. The government gives you 90 percent loan facility in this. That is, you can start this business by applying just 35000 rupees.
90 percent support will be available
If you want to get financial support from the government, then you can apply for loan under Prime Minister Employment Generation Program (PEGP). Under this scheme, up to 90 percent loan is given. Can be applied online for loan. Click on this link – https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp
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How will you earn
Under the project, you process about 370 quintal rice. Its cost of production will come around 4.45 lakh rupees, while if you sell all the goods further, then your sales will be about 5.54 lakh rupees. That is, you can earn up to Rs 1.10 lakh.