Earning from khadi with investment of 25000/-

The Narendra Modi government of the Center today announced a ban on single use plastic on the 150th birth anniversary of Mahatma Gandhi, i.e. from 2 October. After the ban on plastics, business prospects are also coming out in many such sectors. Today we will try to discuss one such business in which lakhs can be earned by applying very little capital.


Business can start by applying Rs 25,000
If you want to do business with less money then get ready. You can start your business by applying a capital of just Rs 25,000. National Center for Jute Diversification (NCFD) can help you start this business. Let us know that after the ban on plastics in many states other than the country, there is a huge increase in the demand for jute bags. In such a situation, if you come in the business of making jute bags, there is a possibility of huge profits.



What will be needed
According to the Handicraft Division of the Ministry of Textiles, five sewing machines would be needed to install a jute bag making unit. Five sewing machines should be worth 2 heavy work (heavy duty). Your total investment on the purchase of machines is expected to be Rs 90,000. Also, additional capital (working capital) of Rs 1.04 lakh is required and other expenses such as operating cost will have to be spent about Rs 58,000 for other assets. In this way, the total cost of starting your business will be Rs 2.52 lakh. Explain that you will get a loan based on its total capital cost. For this project, you will get 65 percent Mudra loan of about 1.64 lakh rupees and 25 percent NCFD loan of 63,000 rupees. You will have to arrange the remaining amount of Rs 25,000.


What will be the annual production
After the project, your annual production is estimated to be 9,000 shopping bags, 6,000 ladies bags, 7500 school bags, 9,000 gents hand bags, 6,000 jute bambu folders.


What will be the annual income
About 27.95 lakh rupees are expected to be spent on raw material, salary, rent, bank interest and other expenses during the year. On the other hand, income from sales can be Rs 32.25 lakh. That is, your annual income will be Rs 4.30 lakh, that is, you will start getting about Rs 36,000 a month.