If you do not have the capital to start work, then you can take a loan under PMMY. You can apply for a loan of Rs 50,000 to Rs 10 lakh under the Pradhan Mantri Mudra Yojana.
You can start a mask business at home
The second wave of Coronavirus continues to wreak havoc in the country. In the last 24 hours, 2,17,353 new cases of COVID-19 have been reported, while 1,185 people died in one day due to infection. In the fight with Corona, the demand for masks, sanitizers, PPE kits has increased. Corona has also created a chance to earn in the war. You can make a big income by starting a mask business with little investment. If there is a problem of money to start a business, then you can take a loan from the Prime Minister’s Mudra Scheme. Let’s know how to start a mask making business?
According to the Association of Indian Medical Device Industry (AIMDI), 24 crore disposable masks are made for domestic use throughout the year. The mask is very effective in preventing corona infection. Therefore, its demand is increasing and it is unlikely to decrease further. In view of the demand for masks, many SMEs and MSMEs have started making masks.
Masks can be started at home
To start a face mask business, you do not need to set up any big industry. You can do this work in your home too. Mask making, such as cotton cloth, sewing machine, elastic, etc. will be needed.
How to get Mudra loan?
If you do not have the capital to start work, then you can take a loan under PMMY. You can apply for a loan of Rs 50,000 to Rs 10 lakh under the Pradhan Mantri Mudra Yojana.
For the loan under the Mudra scheme, you have to apply to the bank branch. If you want to start your own business, then you will have to provide the ownership or rental documents, work related information, Aadhaar, PAN number and many other documents. The details of all those banks in the Mudra Yojana website will be found in which these loans are being given. The form can also be downloaded online.
How much will you earn
The price of a face mask in the market is 30 to 40 rupees. You can open a ration shop, medicine shop or even your own shop for the sale of face masks. Apart from this, you can also sell masks online. The more sales, the more your earnings will increase.
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