New Delhi. If you want to try your luck in agriculture sector for business idea, then apart from farming dependent on weather, there are many options which guarantee you profit. One of these is the business of poultry farming. If you want to start a small scale poultry farm, it will cost at least Rs 50,000 to Rs 1.5 lakh. If you start layer farming on a small scale i.e. 1500 chickens, then you can earn Rs 50 thousand to Rs 1 lakh per month.
First comes the question of money
If you want to start a small scale poultry farm, it will cost at least Rs 50,000 to Rs 1.5 lakh. And if you are thinking of setting up this business on a bigger star, then it will cost around Rs 1.5 lakh to Rs 3.5 lakh. To start poultry business, business loan can be taken from many financial institutions.
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Government will give 35 percent subsidy
The subsidy on loan for poultry farm business is around 25 percent. At the same time, to encourage SC ST category, this subsidy can be up to 35 percent. Let us tell you that the specialty of this business is that some amount has to be invested in it yourself and the rest will be taken as loan from the bank.
Plan this business like this
Even if the earning is good, it is important to take good training before trying your hand in this business. If you want to start work with the target of 1500 chickens, you will have to buy 10 percent more chicks. Because there is a danger of chickens dying due to untimely illness.
There will be huge income from eggs also
Egg prices have started increasing in the country. Eggs are being sold for Rs 7 since the beginning of October. But the surprising thing is that with the increase in the price of eggs, hens have also become valuable.
Budget for buying chickens is Rs 50 thousand
The cost of a layer parent berth is approximately Rs 30 to 35. That means, to buy chickens, a budget of Rs 50 thousand will have to be kept. Now to raise them, they have to be fed different types of food and also have to spend on medication.
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20 weeks cost Rs 3-4 lakh
The cost of feeding chickens continuously for 20 weeks will be around Rs 1 to 1.5 lakh. A layer parent bird lays about 300 eggs in a year. After 20 weeks, hens start laying eggs and lay eggs for a whole year. After 20 weeks, approximately Rs 3 to 4 lakhs are spent on their food and drink.
Earning more than Rs 14 lakh annually
In such a situation, about 4,35,000 eggs are obtained from 1500 hens at an average of 290 eggs per year. Even after wastage, if we are able to sell 4 lakh eggs, then at wholesale price one egg is sold at the rate of Rs 6.00. This means that you can earn a good amount of money in a year just by selling eggs.
Tags: Business ideas, Business loan, Business opportunities, Earn money, How to earn money
FIRST PUBLISHED : October 5, 2021, 10:04 IST