Profitable Agri Business Ideas: Start this New Business and Earn up to Rs. 70,000 Every Month; Know How

If you think that farmers have endless suffering in their lives due to drought, loans, and ultimate rains then we have found a way out. Moreover, the agriculture field has so much potential and there are endless ways to earn a good amount of money through it. There are various ways to earn good money in the agriculture business. Many of us are unable to start our own business due to space and money. Let's figure out the best idea and ways in detail for starting an agricultural business for high-profit income.

If you want to start a new business, then you can start the business of dairy products. It is a bumper earning business which you can start with less money. According to the report of government and non-government agencies, the demand for dairy products is increasing in the country at this time. In such a situation, you can earn up to Rs 70,000 every month through this business. The special thing is that you do not even need much resources for this, you can start it in a small amount of money.

Let's know in detail how to start this business-

How much investment is needed?

According to the project profile prepared from the Prime Minister's Mudra Scheme, a project can be prepared from about 16 lakh 50 thousand rupees. In this, you will have to arrange about 5 lakh rupees, while the bank will give 70 percent of the money under the Mudra scheme. From the bank, you will get 7.5 lakh rupees as a term loan and 4 lakh rupees as a working capital loan.

You can make and sell flavored milk, curd, butter milk and ghee in it. Apart from this, you can make many more products related to dairy. Isn't a great idea for dairy farmers where they can avail 70 percent of the total expenses from Bank.

Raw materials required for this business

Talking about raw material for one month, you will need about 12 thousand 500 liters of raw milk. Apart from this, about one thousand kg of sugar will be needed. For flavored products, you will also have to arrange 200 kg flavor and 625 kg of spice and salt. You will spend about 4 lakh rupees every month on these things.

Will need this much space

If you talk about space, then for this business you will need at least one thousand square feet of space. Out of this, about 500 square feet of space will be required for the processing area. Apart from this, 150 square feet of a refrigeration room will need 150 square feet of washing area, 100 square feet of office space and 100 square feet of space for toilet facilities.

Can Get This Much Profit

If you do business worth Rs 82 lakh 50 thousand in a year and your expenses are around 74 lakh 40 thousand rupees throughout the year, this ]includes cost as well as 14% interest on the loan. In this way, you will have a net profit of about 8 lakh 10 thousand rupees in a year.

How the government will help in this business?

You can also take help from the government in this business of dairy products. Under the Prime Minister Mudra Loan Scheme, the government has promised to give 70 percent of total expenses for starting a new business.

You can take the help of the government for starting your profitable business. Along with giving money under this loan scheme, the government will also give important details and information related to this business.