The central government is making a lot of efforts for the common man to start a new business. That is why the mudra scheme was also started. With the help of this scheme, anyone can take a loan to start their own business. These loans can be repaid in installments after earning income from their business. A large number of people have been helped through this scheme. Today we are giving you information about starting a dairy business with the help of this scheme. According to non-government agencies, the demand for milk and its products is steadily increasing across the country.
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Starting a dairy business can earn up to Rs 70,000 per month. The special thing is that you don't even need a lot of resources for the dairy business. You can start your own home-based business tomorrow with very little start up cost.
How much will the initial cost be?
According to the information provided in the project profile prepared for Pradhan Mantri Mudra Yojana, a total of Rs 16.5 lakh will have to be spent to start a dairy business. Out of this you have to manage about 5 lakh rupees. For this business, you will get 70% amount under Mudra Yojana. You will get a term loan of Rs. 7.5 lakh and Rs. 4 lakh as working capital.
By opening your own dairy business, you can make and sell flavored milk, yogurt, buttermilk and ghee. Apart from this many other types of dairy related items can be made.
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Raw material management
Under this business plan, you will need about 12,500 liters of raw milk as raw material for one month. Apart from this about 1000 kg of sugar will be required. To prepare a flavored product from raw milk, you have to arrange 200 kg of flavor and 625 kg of spice and salt. These items will cost around Rs 4 lakh per month.
Business
How much space will be required for this work
Talking about the space for this business, you will need at least a thousand square feet of space. Of these, 500 square feet of space is required for the processing area. In addition, 100 square feet of space will be required for other facilities, including 150 square feet of refrigeration room, 150 square feet of washing area, 100 square feet of office area and toilets.
How much will benefit
After starting a dairy business, if you also sell about 82.50 lakhs in a year and approximately annually. If you spend Rs 74.40 lakh, you will get a net profit of about Rs 8.10 lakh in a year. Annual expenses also include interest at the rate of 14 per cent.
How will the Modi government help in business?
You can also get help from the government to start your own dairy business. Under PM Mudra Loan Scheme, you can avail capital assistance from the government. Apart from this you will also be given various information about starting a business under this scheme.
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