Papad Making Business. Thousands of youth in the country come to the city in search of work. Many people are unable to do many such businesses by staying in the village due to a lack of knowledge and experience. Due to this, they have to migrate to the cities. If you also want to do something different by living in a village or town, then you can start the business of making papad. You do not need to rent a shop or a large place for this work. The government also helps.
There is no doubt that the demand for food items has increased in the country. In such a situation, there is a big opportunity for the youth to set up their own business. Papad is used in every season and almost every food. People eat it with great gusto in the morning and evening. However, the papad prepared by you should be full of taste.
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NSIC has prepared a project report
The National Small Industries Corporation (NSIC) of the Central Government has prepared a project report for this. In this, you will get a loan of Rs 4 lakh at low rates under the Mudra Scheme. It has been told in the report that with a total investment of Rs 6 lakh, a production capacity of about 30,000 kg will be created.
Complete information about the business has been given in this report of NSIC, in which fixed capital includes expenses like 2 machines, packaging machine equipment and working capital includes three months’ salary of the staff, raw material and utility products required in three months, apart from this, expenses like rent, electricity, water, telephone bill have also been added.
In this business report prepared by NSIC, you will get a loan of Rs 4 lakh. After this, you have to invest only Rs 2 lakh. The government helps with the Pradhan Mantri Mudra Loan to start many types of businesses. You can take a loan from any bank under this scheme. You can contact the bank in which your account is operating. You get 5 years to repay the loan.
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How will you earn a profit?
After preparing papad, you will have to sell it in the market, for which you will have to research the market beforehand. You will have to find customers for your product. You can also increase its sales by contacting retail shops, grocery stores, and supermarkets. The NSIC report estimated that by investing a total of 6 lakh rupees, you can earn 1 lakh rupees per month in the beginning. In which the profit can be up to 35,000-40,000 rupees.