Good news for those who want to start a business in the village! It’s not just city-based businesses that are supported; even those in villages can get direct help from several government schemes.
These schemes assist with starting small industries, dairy farming, shopkeeping, tailoring, food processing, and more.
Contents
Government Schemes for Village Businesses
The central government offers various schemes where you can get loans, subsidies, and training to help start a business. Let’s explore these options:
Pradhan Mantri Mudra Yojana
This scheme offers loans up to Rs 10 lakh without requiring any guarantee. You can use this loan to open a grocery store, bicycle repair shop, clothing store, or any small manufacturing business.
National Livestock Mission
If you’re interested in animal husbandry, such as dairy farming, goat rearing, or poultry farming, this scheme provides both loans and subsidies. It is especially beneficial for rural youth and farmers.
Pradhan Mantri Rojgar Srijan Karyakram
This scheme encourages self-employment and cottage industries in villages. You can receive subsidies of 25%-35% for businesses like tailoring units, spice grinding units, or furniture workshops.
Startup India Scheme
For those with innovative ideas like organic farming, online sales, or agricultural technology, the Startup India scheme offers tax exemptions, investment opportunities, and government-sponsored training.
How to Get Started
If you’re interested in starting your own business in the village, you can visit the official websites of these schemes or contact the nearest government office for more information.