New Delhi. Do you want to start your own business with less money? So you don’t have to worry. Today we bring you a great business idea. You can get started by investing minimal money. We are talking – lemongrass farming. Money can be earned from this cultivation. Let us tell you that it costs you Rs 15,000 to Rs 20,000 to cultivate this and you can earn Rs 1 lakh per month from it.
There is a lot of demand in the market
Lemongrass oil is in high demand in the market. The oil extracted from lemon grass is used by companies making cosmetics, soaps, oils and medicines. This is why it gets a good price in the market. The most important aspect of this cultivation is that it can also be planted in drought affected areas. By cultivating lemongrass, you can earn around Rs 4 lakh per year from just one hectare.
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How to cultivate lemon grass? (How do I start lemongrass cultivation?)
The best time to plant lemon grass is from February to July. Once planted, it is cut six to seven times. Crops are harvested three to four times a year. The oil is extracted from the lemon grass. About 3 to 5 liters of oil is extracted from one katha of land per year. Its selling rate is 1,000 to 1,500 rupees. The first crop is harvested 5 months after planting of lemon grass. Up to 5 tons of leaves can be removed from cultivation of lemon grass in one acre of land. Although you can start cultivating it for 15-20 thousand rupees, but if you have a little more budget, you can also install the machine at the beginning. The machine can be set up at Rs 2 to 2.5 lakh.
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How do you earn? (Is lemon grass cultivation profitable?)
You will soon start earning from lemongrass cultivation. Let us say that one quintal of lemon grass yields one liter of oil. Its price in the market is from 1 thousand to 1500 rupees. In other words, you can earn at least lakhs of rupees from five tons of lemon grass. You can also earn good money by selling lemon grass leaves. Raunak Kumar and Raman Kumar, two brothers from Bihar, cultivate lemon grass together and make tea from it and supply it all over the country. They are earning 4 to 5 lakh rupees per month from this.
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