Narendra Modi's money scheme
Updated: May 24, 2019, 9:24 AM IST
Under the Ministry of Micro, Small and Medium Enterprises (MSME) several programs of self-employment are run by the Khadi and Village Industries Commission. Under this program you can start Honey House or Honey Processing Plant. (Read also: Start by putting 4 lakh rupees, this business earns more than 6 lakh annually)
What government does support
If you want to set up a honey processing plant under this scheme, you get 65 percent loan from the commission, and the commission also gives you 25 percent margin money (subsidy). That is, you only have to spend 10 per cent of the money.
How many will start in business
According to the Khadi and Village Industries Commission (KVIC), if you want to install 20 thousand kilograms of annual honey production plant, it will cost about 24 lakh 50 thousand rupees. From this, you will get a loan of about Rs 16 lakh, while margin money will get Rs 6 lakh 15 thousand rupees and you will have to charge only about 2 lakh 35 thousand rupees from your side.
Read also: Travel agents or tour operators can earn good earnings, the government is doing help
How much will earn
KVIC says that if you prepare 20 thousand kilograms of cities in a year, which is worth 250 rupees per kg, out of which 4 per cent working loss will be included, then your annual sales will be Rs 48 lakhs. If you reduce all expenses from this amount of about Rs 34.15 lakh, then you will have an income of about 13.85 lakh rupees in a year. That is, you can earn 1.15 lakh rupees per month.
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