New Delhi. The corona infection spread in the country has put the industry as well as the jobs of the people at risk. Due to the closure of many factories during the lockdown, the workers and employees lost their jobs. But with the relaxation in the lockdown, life has once again picked up pace. In this time of disaster, everyone wants to start their own business, today we are going to tell you about such a business for which you neither need to be very educated nor do you need a lot of money.
This business is of poultry farm, the first thing that comes to mind on hearing its name is that people are avoiding eating chicken, meat and eggs due to infection. But according to the WHO guidelines, there is no confirmation of this yet. The demand for chicken has started increasing once again in the market. There are not many chances of loss in this business because people’s demand for eggs and chicken remains for 12 months. So let’s know how to start this business:-
Poultry farming is considered to be the fastest growing sector of the agriculture sector and the government is investing in processing, breeding, rearing and hatching processes to further the growth.
Place to start a business
To start poultry farming, space is required first. This business does not require much space on a small scale, but to start a business on a large scale, a large space is required. For this, the place should always be a little separate from the public area. It does not require much water, it is just necessary to pay special attention to cleanliness. There should be good arrangements for clean air, sunlight and movement of vehicles.
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First of all comes the matter of money-If you want to start a poultry farm on a small scale, then it will cost at least Rs 50,000 to Rs 1.5 lakh. And if you are thinking of setting up this business on a bigger scale, then it will cost around Rs 1.5 lakh to Rs 3.5 lakh. Business loan can be taken from many financial institutions to start a poultry business.
There are two ways of earning-There are two ways of earning in poultry farming business, from eggs and meat. In this, information has to be taken about the process of egg production and broiler breeding process. Also, complete information about the equipment used is necessary. For this, all the information is available under the government’s ‘Broiler Plus’ scheme. Others can be given employment through this business.
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Apply like this-Loan can be taken from any government bank for poultry farming. State Bank of India gives loan up to 75 percent of the total cost for starting this business. This scheme has been named ‘Broiler Plus’ scheme. A loan of up to Rs 9 lakh can be taken from SBI, which has to be repaid in 5 years.
In State Bank of India, a loan of up to Rs 3,00,000 is given for a poultry farm of 5,000 chickens. You can take a loan of up to Rs 9 lakh from here. The loan taken from SBI has to be repaid in 5 years. If for some reason you are unable to repay the loan in 5 years, then an additional 6 months’ time is given.
First of all, for identity proof, either driving license, voter ID, PAN card or passport is required. Two photographs, address proof, photo copy of bank account statement and project report of poultry farming have to be given to the bank.
Tags: small scale business, Business Loans, Business Opportunities
FIRST PUBLISHED : June 23, 2020, 09:00 IST