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Business Opportunity: Start this business with just Rs 35 lakhs, you will earn lakhs!

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, at present, the procurement of rice for Kharif 2020-21 is ongoing. In this season, you can earn good money by installing a rice processing unit. The government will also help you to start 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 you will earn.

i need so much space
The Khadi and Village Industries Commission has prepared the profile of many projects. Based on these profiles, you can prepare a report on your project and apply for a loan. According to this report, if you want to start a Rice Mill, also known as a Rice Processing Unit, you will need to rent a shed of about 1000 square feet.

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After this you need to buy Paddy Cleaner with Dust Bowler, Paddy Separator, Paddy Deusker, Rice Polisher, Bran Processing System, Aspirator. It is estimated that around Rs 3 lakh can be spent on all this. Other than this, around Rs 50 lakhs will need to be maintained as working capital. In this way, you can start a rice mill for Rs 3.50 lakh.

How much will it cost
You will have to spend Rs 3.50 lakh to start this business. Apart from this, if you don’t have that much money to invest in business then you can take a loan from Mudra. The government gives you 90 percent loan facility on this. That is, you can start this business by investing only Rs 35000.

You will get 90 percent support
If you want to get financial support from the government, you can apply for a loan under the Prime Minister’s Job Generation Scheme (PEGP). Under this scheme, a loan of up to 90 percent is granted. You can apply for the loan online. Click this link:

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how to get
Under the project, some 370 quintals of rice are processed. Your production cost will be around Rs 4.45 lakh, while if you sell all the products, your sales will be around Rs 5.54 lakh. That is, you can earn up to Rs 1.10 lakh.undefined

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