Mudra Scheme : If you are looking for a new business idea. You are not happy with your job, or want to earn some extra income with it, then in such a situation we are going to tell you about a great business. We are going to give you such a business idea, through which you can give jobs to many people and also earn good money.
This business will give bumper profits
In this news we are discussing about papad making business. You can start this business from your home. Also, you do not need to invest much money in it. You will get monetary help from the government. If you live in a village or a small town, then you will need less space for this.
How to start
To start Papad Making Business, you need at least 250 – 300 square feet of space. In this, you can set up a papad making unit, which will require 2 skilled workers, 3 unskilled workers and 1 supervisor. Your earnings start as soon as this business starts. If people like the quality of the papad made by you, then its demand will also increase. In this, you can make potato, lentil and rice papad, which is in great demand in the market.
How much will it cost
In this business, you will need an investment of Rs 6 lakh to set up a unit with a production capacity of 30,000 kg. In which you will get a loan of Rs 4 lakh from the government. In this, you have to invest Rs 2 lakh.
Understand the use of capital like this
Rs 6 lakh includes both fixed capital and working capital. Fixed capital will be used for expenses like your 2 machines, packaging machine equipment. Working capital will include 3 months’ salary of staff, raw material required in 3 months and utility products. Apart from this, expenses like rent, electricity, water, telephone bill are also included in it.
This much help will be received from the government
Today the central government is giving cheap loans to start many new businesses. You will be able to get loans at cheap rates in this business too. National Small Industries Corporation (NSIC) has prepared a project report. Under this Mudra scheme, you get a loan of Rs 4 lakh at a cheap rate. With the help of this loan, you can start a business. After you start earning, you can also repay the EMI of the loan.
