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highlights
Banana paper business can be done anywhere.
For this, loan can be availed from PM Mudra Yojana.
It may cost Rs 16 lakh to start this business.
New Delhi. Banana is considered one of the most favorite fruits. Its production continues year after year. It has no season. Everyone knows that banana farming can earn money, but do you know that banana peel can also be used to make money. Paper is made from the bark of the banana plant and the fiber of the banana peel. This paper is stronger and has tensile strength than any normal paper.
You can easily earn good income throughout your life by starting the business of making paper from banana peels. Khadi Village Industries Commission has also prepared a report regarding this business. It tells how much money you will have to spend to start this business. You can set up a banana paper manufacturing unit in any village, city or town, but your good earnings are almost certain.
Also read- Companies ready to increase salary by 10 percent, new report reveals, highest increment will be in these areas
how much will it cost
KVIC report says that it costs around Rs 16 lakh to start this business. But the good thing is that you do not have to spend too much from your pocket for this. You will have to invest only Rs 4.65 lakh from your pocket. You can get the remaining amount on loan. You can get a loan up to Rs 12 lakh. You can get a loan up to Rs 10 lakh at cheap interest from PM Mudra Yojana.
how much will be the earning
If we talk about earnings, the earnings increase year after year. According to a report by Moneycontrol, you will get an income of more than Rs 5 lakh in the first year. Next year your income will cross Rs 6 lakh. Next year it will reach Rs 6.80 lakh. According to the report, after this this profit will increase more rapidly.
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Tag: business ideas, business news in hindi, earn money, tips to earn money
first published : March 7, 2024, 06:43 IST
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