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Saturday 11 July 2020

Start these 5 businesses with small capital, the central government will help you

If you also want to start your business and you are short of funds, then this news is for you. If you start a business with investment of 2 to 3 lakh rupees, then the Modi government will help you.

Start five businesses with easy mudra loan

Start a business with small capital

How to get mudra loan?

Actually, the Modi government provides loans to small traders under its Mudra scheme. In such a situation, loans are given for starting 75-80 per cent of the business. Under this scheme, you can also start your business and earn. This business is not difficult. To start with, you need 2 to 3 lakh rupees

1. Start Papad Manufacturing Unit

papad making business with mudra loan

You can also start the work of making papad under the Mudra scheme. How much investment is needed: This business can start with an initial investment of 2.05 lakh rupees. How much loan will be available: A loan of 8.18 lakh rupees can be got for Papad unit. Benefit of subsidy also: For Papad unit, you will also get a subsidy of Rs 1.91 lakh under the Government's Entrepreneur Support Scheme.

2. Start Light Engineering Unit

Tubelight making business with Mudra loan

Under the Mudra scheme, you can start a manufacturing unit of light engineering (eg nuts, bolts, washers or nails, etc.). How much investment is needed: To install this unit, you will need Rs 1.88 lakh. How much will the loan get: Under the Mudra Scheme, the bank will give you a loan of Rs 2.21 lakh as term loan and Rs 2.30 lakh as working capital. How much benefit will be made: about 2500 kg of nut-bolts will be made in a month. In the course of a year, there can be a profit of about 2 lakh rupees by taking out the expenses.

3. Curry & Rice Powder Business

Curry powder making business

Demand for curry and rice powder is increasing in India. In such a situation, you too can start this business. How much investment is needed: For this business you will need initial investment of Rs 1.66 lakh. How much will the loan get: Under the Mudra scheme, you will get a term loan of Rs 3.32 lakh and a working capital loan of Rs 1.68 lakh from the bank. What will be the benefit: The advantage of starting this business is that you will not need any experience for this. This is mentioned in the project profile on the website of Mudra Bank.

4. Do Business of Wooden Furniture

Furniture making business with Mudra Loan

If you want to start a wooden furniture business, then the Modi government's plan will also help you for this. How much investment is needed: To start this business, you should have about 1.85 lakh rupees. How much will the loan get: Under the Mudra Scheme, you can get a loan of about 7.48 lakh rupees under Composite loan from the bank. In this, you will need Rs 3.65 lakh as fixed capital and Rs 5.70 lakh for three months working capital. How much profit will be made: Profits will start accruing only after starting this business. By removing all the expenses, you can benefit from 60 thousand to 1 lakh rupees.

5. Start a computer assembling business

Computer assembly business with mudra loan

If you want to do business related to computer then you can do computer assembling. How much investment is needed: To start this business, you will need an initial investment of Rs 2.70 lakh. How much loan will you get: You can get a loan of Rs 6.29 lakh from the bank. How much benefit will be made: 630 units are made in a year and by selling them, you can make a profit of up to 3 lakh rupees. For this a fixed price has to be fixed.

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Disclaimer: The information given in this article is just information only. Readwithvinay.in does not confirm the real authenticity of this article. Contact the concerned expert or cross-check the information before accepting it.


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