
Today, many young, women and farmers want to start their own business. However, because of the lack of capital and lack of proper information, their desire remains incomplete. In view of these problems, some special schemes have been implemented by the central government, with the help of which can be started in low capital. These plans provide help in the form of loan, subsidy and training. The Prime Minister’s Mudra Yojana is one such important scheme. Under this scheme, infants, teenagers and youths are loaned in three phases. It can get a loan from Rs. 3,000 to Rs 5 lakh and there is no guarantee. This scheme is beneficial for those who start small businesses like grocery store, sewing, spice units, bicycle repairing.
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The National Livestock Mission Scheme is also suitable for the citizens of rural areas. The scheme provides subsidy from 1 to 5 percent for dairy farms, goat abduction, poultry farming. Special priority is given to women and self help groups. This allows for a stable resource of income through livestock.
The Prime Minister’s Employment Creation Program is another useful plan, which promotes entrepreneurship in rural and semi -urban areas. To start businesses like tailoring units, incense, furniture workshops, flour chakki, the government provides a loan of Rs. It also provides subsidy from 1 to 5 percent.
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If you have a innovative and useful idea, the Startup India plan can be a great opportunity for you. Under this scheme, for three years, there are facilities like tax waiver, contact with investors and government training. To avail the scheme, the company should not be older for five years and the annual turnover should be less than Rs 2 crore. With all these schemes, it is no longer difficult to start a business. Choose the right plan, get information and start realizing your entrepreneurial dream.
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