Business Idea: Start this business in just 35 thousand rupees, you will earn huge amount every month..

Business idea: If you are looking for a business that gives huge profits and you are not getting a better idea for startup, then this news can be very beneficial for you. Let us tell you that today we are telling you such a business idea which you can start with a cost of only 35 thousand rupees.

In this business (Profitable Business Ideas), the Modi government will also support you and you can also start it with the help of a Mudra loan. This business idea will not only make you financially strong but will also provide you with self-employment.

Rice processing unit business -

In the link of starting a new business, you can earn good money by setting up a rice processing unit. Profiles of many projects have been prepared by the Khadi and Village Industries Commission. If you want to start a business, then you will have to rent a shed of 1000 square feet (Business Idea Govt Scheme).

Rice processing machinery, such as paddy cleaner, turmeric machine, polisher, and packing machine will have to be installed in this shed. Apart from this, you will also need some employees. The initial cost will be around Rs 10 lakh, but this business can give you good profits.

You can spend about Rs 3 lakh on all these machines. Apart from this, you have to keep about 50 thousand rupees as working capital. Working capital includes buying raw materials, transportation, salaries of employees and other minor expenses.

You will get this much loan for this business -

You will need Rs 3.50 lakh to start this business (Business idea). If you do not have so much capital then there is no need to be disappointed. You can take advantage of the Mudra Loan Scheme.

Under this scheme, the central government provides you with up to 90 percent loan. This means that you have to invest only Rs 35,000 from your side and the rest of the amount will be provided by the government.

This is a great opportunity that can help you make your dreams come true. Apart from this, to get financial assistance, you can apply for a loan under the Pradhan Mantri Employment Generation Program (PEGP). 90 percent loan is also given under this scheme. Loans can be applied online, which makes the process even easier.

Know how you will earn -

Under this project, you will process about 370 quintals of rice. Its production cost will be around Rs 4.45 lakh. If you sell all the goods at your selling quality, then your sale will be Rs 5.54 lakh. In this way you can earn a profit of about Rs 1.10 lakh.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.