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Business Idea: Start this special business in Rs 2.4 lakh, earning will increase as demand increases

Business Idea
Written by bobby
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Business Idea: Start this special business in Rs 2.4 lakh, earnings will increase as demand increases: The special thing about this business is that you can take a loan from PM Mudra Yojana to start it. The biggest thing is that you do not need to do much headwork to start this business.

Business Idea: If you want to start your own business then there is an idea for you. This idea is related to earning good money at a low cost. All you need is to start it on time and work hard to take your business forward. The biggest thing is that you do not need to do much headwork to start this business. Khadi Village Industries Commission has prepared a complete report on this business. Based on this you can start work. According to the report, this business will start in 2 lakh 40 thousand rupees. If you do not have money to start a business, then the government will also provide you with a loan.

Locate Porridge Manufacturing Unit

Wheat is the most important source of calories. It contains carbohydrates and some amount of protein which is essential for our body. Overall, there is a growing demand for nutrients and ready-to-eat snacks that are easily digested and take less time to prepare. Hence, one can start the business of making porridge. With the increasing awareness about health, the demand for porridge has increased a lot and it is increasing day by day. Considering the demand in the market, this business can prove to be very profitable.

Porridge making process

To make Dalia, first, the wheat is cleaned thoroughly. It is washed under running water and later left to soften in water for 5 to 6 hours. After germination, it is dried in the sun. After the drying process, it is ground by grinding it with a flour mill. Oatmeal from the ground product is obtained from whole wheat, including the husk.

You can take a loan from PM Mudra Yojana Scheme

Khadi and Village Industries Commission (KVIC) has prepared a project on setting up of Daliya manufacturing unit under Pradhan Mantri Gramodyog Rojgar Yojana. According to the project report, the total expenditure on setting up a porridge manufacturing unit will be Rs 2.40 lakh. If you do not have the funds to start a business, then you can take a loan through PM Mudra Yojana. Based on the project report, you can apply for a loan from the bank.

Project cost

According to the project profile report prepared by the Khadi and Village Industries Commission, you need to have your own land to start a porridge-making business. If you do not have land then you can rent it. The total cost of building a 500 square feet building shed will be Rs 1 lakh. At the same time, 1 lakh rupees will be spent on the equipment. Also, Rs 40,000 working capital will be required. Thus the total project cost has gone up to Rs 2,40,000 lakh.

How much can be earned

According to the project report, if you produce at 100% capacity, the annual production will be 600 quintals. According to the rate of Rs 1,200, its total value will be Rs 7,19,000. The projected sales cost will be Rs.8,50,000. The gross surplus will be Rs 1,31,000. The estimated net surplus would be Rs 1,16,000 i.e. Rs 1.16 lakh per annum.

KVIC has said in its report that these figures are only indicative and they are subject to change from place to place. If you take it on rent instead of spending on building the building, then your project cost will come down. Interest in capital expenditure will also come down and your profits will increase.

About the author

bobby

Hi, I am Bobby. Blogger India. I love writing, and reading articles. Blogging is my passion. I have started my blogging career in 2016.

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