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Begin by investing 25 thousand, enterprise will earn 40,000 every month – earn 40 thousand Rupee a month Enterprise Alternative Jute Bag Manufacturing Enterprise – jj
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Begin by investing 25 thousand, enterprise will earn 40,000 every month – earn 40 thousand Rupee a month Enterprise Alternative Jute Bag Manufacturing Enterprise

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Start by investing 25 thousand, this business will be 40,000 earnings every month

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News18Hindi

Updated: April 11, 2019, 7:50 AM IST

If you are thinking about starting business in less investment, then putting Jute bag making unit can be a better option. In many states of the country, demand for jute bag has increased after the ban on plastic. In this, you can earn good by making a jute bag in less investment. Let us know the process of starting the unit of jute bag making. (Read also: Only 50 times a day, 10 years will earn millions in millions)

How many units will be started in the unit- According to the Handicraft Division of the Ministry of Textiles, if you want to set up a jute bag making unit, then you have to buy 5 sewing machines, which should have 2 heavy duty. You will spend about 90 thousand rupees on these machines. Apart from this, you will need about 1 lakh 4 thousand rupees working capital. Whereas other expenses, which will cost about 58 thousand rupees, on fixed assets, operating expenses etc. That is, the cost of your project will be around 2.52 lakh rupees.

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On the basis of this capital cost you will get a loan. It includes one month's Raw Material, one month's salary etc. This means that you can get 65 per cent of the money loan and 25 per cent interest-free loans from the National Center for Jute Diversification (NCFD) on this project. The rest 25 thousand rupees will have to be arranged by yourself. Your work will start from such a sum.

How much will the production- If you install units based on this project report, you can make 9 thousand shopping bags, 6 thousand lady bags, 7500 school bags, 9 thousand joints hand bag, 6 thousand jute bamboo folders annually.

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How much will the income- You will spend about 27.95 lakh rupees on Raw Material, Salary, Rent, Depription, Bank interest etc. in the year, while your Sales Revenue will be 32.25 lakh rupees. In this way your operating profit in the year will be 4.30 lakh rupees. That is, about 36 thousand rupees every month.

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