Start Your Own 'Ready to Eat' Business: Government Offers Up to 10 Lakh Grant!

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News18•10-01-2026, 19:02
Start Your Own 'Ready to Eat' Business: Government Offers Up to 10 Lakh Grant!
- •The Horticulture Department in Mau offers a 'Ready to Eat' scheme to help unemployed youth establish food industries.
- •The scheme supports businesses producing items like patties, sweets, and cakes, directly consumed by people.
- •Uttar Pradesh and central governments provide grants up to 10 lakh rupees under the Pradhan Mantri Food Processing Enterprises Scheme.
- •Beneficiaries need 50,000 rupees for a 5 lakh project, with a bank loan of 4.5 lakh and a 1.75 lakh subsidy from the Horticulture Department.
- •An interest rebate of up to 6% is available on bank loans for 'Ready to Eat' products made from agricultural produce, reducing interest to 3-4%.
Why It Matters: Government offers significant grants and interest rebates to encourage youth to start 'Ready to Eat' food businesses.
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