Up to 90% loan is available
According to the project profile report prepared by the Khadi and Rural Industries Commission, the project cost of the Poha manufacturing unit is around Rs 2.43 lakh and the government will give you a loan of up to 90%. That is, you have to invest only 25 thousand rupees from yourself.
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It will cost so much
As per the report of KVIC, this business can be started with an investment of just Rs 2.43 lakh. You can install this unit in a space of around 500 square feet. For this you have to spend 1 lakh rupees. At the same time, you will spend Rs 1 lakh on poha machine, sieve, kiln, packing machine, drum etc. Thus, your total expenditure will be Rs.2 lakhs, whereas working capital will be only Rs.43 thousand.
So much income
According to the project report, raw materials are to be procured after starting the project. It will cost you around 6 lakh rupees. Apart from this, you have to spend about 50 thousand rupees. In this way you will produce about 1000 quintals of poha. On which the production cost will be Rs.8.60 lakh. You can sell 1000 quintals of poha for around Rs 10 lakhs. That is, you can earn around Rs.1.40 lakhs.
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How to get a loan
According to this report by KVIC, if you prepare a project report and apply for a loan under the Rural Industrial Employment Scheme, you can get about 90 percent of the loan. Loans are given by KVIC every year for the development of rural industries. You too can take advantage of this. Click here for more information. undefined
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First Published: July 22, 2021, 07:34 IST