Starting in 50 thousand this business, loan will be worth 4 lakhs
Starting in 50 thousand this business, loan will be worth 4 lakhs
You want to start a business but you do not have much money, you can start many such business in only 50 thousand rupees. For which the government will provide 55 percent loans and 40 percent subsidy. That is, you will not be able to return around 4 lakh rupees. Today we will tell you about this scheme in detail, so that you can start the business by benefiting from this scheme and earn good earnings.
What is the name of this scheme?
The name of this scheme is COIR. The scheme is being run by the coir board of the Ministry of Micro, Small and Medium Enterprises (MSME). The purpose of this scheme is to promote self employment and coir products to youth. Coir means products made from jat or coconut.
What is the scheme
Under this scheme, the businessman has to invest 5% of the project cost. When 55% of project cost is given by the bank and 40% of the money comes from the government of India as a subsidy.
What is Limit?
Under this scheme, Project Cost Maxim Limit is 10 lakh rupees. That is, you can do business alone with a project cost of up to Rs 10 lakhs. In it you will be up to 25 percent
