Start this great earning business in 1.5 lakhs, you will earn lakhs of rupees every month

Business News Desk, You want to start your own business, but if you are nervous because of more investment, then don’t worry. Today we are telling you a business idea that you can start at low cost and earn good profit. The special thing about this business is that the government will also help you to start it. What is a new business idea? Yes, the new business idea we are talking about is the business of making paper from bananas. You can earn a bumper by implementing banana manufacturing unit to make banana paper manufacturing unit. Khadi and Village Industries Commission (KVIC) has prepared a report on Banana Paper Manufacturing Unit Feature of Banana Paper Banana paper is a type of paper made from the bark of the banana plant or banana peel fiber. Banana paper has low density, very strong, high disintegrability, high renewal and high tensile strength compared to traditional paper. These properties are due to the cellular structure of banana fiber, which consists of cellulose, hemi cellulose and lignin. How much will it cost to start a business According to the KVIC project report prepared on Banana Paper Manufacturing Unit, the total cost of starting this business is Rs 16 lakh 47 thousand. To start the business, you do not need to invest much from your pocket. You have to invest only Rs 1 lakh 65 thousand from your pocket. You can get the remaining amount financed. You will get Rs 11 lakh 93 thousand for working capital and a term loan of Rs 2 lakh 9 thousand. You can take loan from PM Mudra Yojana If you do not have money to start a business, you can take a loan from Pradhan Mantri Mudra Loan Yojana (PM Mudra Loan Yojana). Under this scheme, a loan of up to Rs 10 lakh is available to start or expand non-corporate small enterprises in rural areas. How much profit you can earn from more than Rs 5 lakh annually. There will be a profit of about Rs 5.03 lakh in the first year. There will be a profit of Rs 6.01 lakh for the second year and Rs 6.86 lakh for the third year. After this, this profit will increase rapidly and there will be a profit of about Rs 8 lakh 73 thousand for the fifth year.

Share this story