Will get 90% loan- In the Sample Project profile of the Khadi Village Industries Commission (KVIC), the project has been included in the manufacturing unit, which produces Vati Gutika. Their project cost is about Rs. 5 lakhs and if you apply for loan under the Prime Minister's Employment Generation Program, you must have 50 thousand rupees and the remaining 90 percent will get the loan.
How much will the project cost- According to project profiles of KVIC, the cost of your project will be around Rs 5.06 lakh, including machinery-equipment, working capital, workshop hire etc. In this cost, you will prepare approximately 20 thousand rupees wheat gutka throughout the year. (Read also: Only 50 times a day, 10 years will earn millions in millions)
project report- According to project reports of KVIC, the building costs Rs 2 lakh per annum, equipment at Rs 2.10 lakh, working capital of Rs 96 thousand, raw material costs Rs 3.35 lakh, Rs 25 thousand on label packing, salary 4.25 lakh, administrative expenses 1.50 lakh, overhead 1.50 lakh, Miscellaneous expenses Rs. 10,000, loan interest Rs. 66 thousand. The total working capital requirement (annual) will be 4.18 lakh rupees. Variable cost is Rs 7.38 lakh and working capitol is Rs 96 thousand.
What will profit- In the project report, you have to show how much you will benefit annually. As such, your cost of production from fixed cost and variable cost will be 11.54 lakhs. Since you have set a target of 20,000 or gutika and if you sell it for Rs 75 per gram then your total annual sales will be 15 lakh rupees. You can have a profit of about Rs 3.45 lakh. That is, about 30 thousand rupees can be earned every month. (Read also: Start the process of returning IT returns, such as e-filing)
Government will provide training- The Government also provides training related to business before giving loans under the Prime Minister's Employment Generation Program. In addition to the business's nuances, tricks of management and sales are also taught.
How To Apply- If you want to take a loan for this project, you can apply online or contact the District Industry Center of your district or Khadi Village Industries Commission's district office. Click here for online application- https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp
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