Finding a job has become a challenge for many people these days. Sometimes, despite persistent efforts, finding a stable job is difficult. But there’s no need to worry in such circumstances. With a little wisdom and the right steps, you can start a business from home that can earn you more than a job. The key is that these businesses can be started with minimal capital and yield profits many times greater. These options can prove extremely beneficial for young people starting on a tight budget and those looking for a sustainable income.

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Start a toy business for less than 30,000 rupees

The toy business is becoming increasingly popular among low-investment businesses. Previously, most of India’s toy supply came from China, but following tensions between India and China, imports have declined significantly. Consequently, the demand for domestic toys has increased significantly. The government is also promoting indigenous production, making this business more profitable. This industry doesn’t require a lot of capital to start. Even on a small scale, you can start with a good stock and generate a steady income throughout the year.

A recycling business can be started with less than 20,000 rupees

If you have limited capital and are looking for a business that can generate profits quickly, the waste material recycling business can be a strong option for you. This is an area where you can start with an investment of 10,000 to 15,000 rupees. Due to the growing population and urbanisation, the demand for recycling is constantly increasing. In this business, you first need to collect waste from your surrounding areas. If desired, you can also obtain permission to collect waste from the municipal corporation. After collecting the waste, you can determine what items can be made from it based on its quality. This opens the way to a strong income even at low costs.

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The government is also helping small businesses

If you’re interested in starting a business but are unable to move forward due to a lack of capital, there’s an easy solution. The central government provides collateral-free loans to individuals under the Pradhan Mantri Mudra Yojana. Anyone looking to start a new business or expand an existing one can avail a loan of up to ₹10 lakh under the PMMY scheme. This scheme has helped millions of people start their own businesses. Designed to promote small industries, this scheme is proving to be a boon for those who were unable to fulfil their dreams due to financial constraints.