Last updated:
Small Business Idea: In the era of inflation, opening flour mill is now becoming a small but firm business. This business starting at a low cost is associated with everyday needs in both the village and the city. Learn all … (Report: Shivank Dwivedi/Satna)
In today’s time, when inflation is affecting the kitchen of every household. In such a situation, opening your own flour mill can prove to be a small but firm business step. This business starts with low capital and becoming a source of permanent earnings both in the village and the city.
Farmers and small entrepreneurs are now increasing the income of the family by opening their flour mill at a small level. The demand for this business is never reduced due to being associated with everyday needs.
Sudha Patel from the horticulture department said, farmers and eligible beneficiaries are also being subsidized by the government to open the flour mill. Benefits can be availed by applying under PMFME scheme. For this, online registration and application process have to be completed by visiting Myscheme portal.
Under this scheme, 35% grant of eligible project cost is given on installing flour mill. The maximum limit has been fixed at Rs 10 lakh per unit. The applicant has to register under single micro enterprise, self -help group (SHG) or any other eligible group.
The scheme includes not only financial help, but also facilities like training, marketing and branding. Any man or woman can open a flour mill less than just 50 thousand rupees. At the same time, those who invest from 1 to 2 lakh rupees can also get good profits.
The specialty of this scheme is that people starting from small levels can also expand their business over time. You can avail additional subsidy separately.
This scheme includes not only flour mills, but also many other options like bakery products, salty, sweets, cakes, pickles, rice mills, pastry units. Entrepreneurs can set up any of these units and start their business at low cost.
The objective of the scheme is to promote youth and women in rural and urban areas towards self -employment. Small but permanent business like flour mill will not only increase employment opportunities but will also strengthen self -reliance at the local level. In the era of inflation and unemployment, this scheme is a golden opportunity to strengthen the youth and farmers.
