Business Ideas
Business Ideas: Nowadays everyone wants to do some new business and wants to earn more and more money, in such a situation he keeps looking for new business options, if you are also looking for a new business for yourself, then today we are going to tell you about such a business which the government also promotes and gives subsidy for it.
This business is called Bamboo Farming Business, by doing which you can earn a lot of profit, while you can also grow it on barren land and it does not require much water, so if you also want to start this business of Bamboo Farming, then let’s know all the information about it
Bamboo Farming
Bamboo Farming is a highly profitable business with very low investment which you can start with one hectare of land. There are many varieties of bamboo, out of which Bambusa Orandinaceae, Bambusa Polymorpha, Dendrocalamus Strix, Dendrocalamus Hamiltonian and Melocana Baccifera are the major species which are cultivated the most.
How to start Bamboo Farming ?
To cultivate bamboo, first you must have land available on which you have to plant bamboo saplings. For this, the months of June to July are most suitable in which you can plant bamboo saplings. This plant becomes ready in about three to four years. You can cut and sell it in the market and earn good profits.
Bamboo products
many products are made from bamboo farming, including furniture, mats, baskets, utensils, decorative items, houses, toys and many other products, which are sold in our country as well as abroad. At present, the demand for bamboo is continuously increasing in India, so this can be a very profitable business.
Government is giving subsidy
Government is also promoting the business of Bamboo Farming, for which many state governments are also providing subsidy in it so that bamboo based industries can be promoted and people can cultivate more and more bamboo.
Let us tell you that maximum bamboo cultivation takes place in Madhya Pradesh, where bamboo is cultivated in 18394 square kilometers. To promote bamboo cultivation, the Madhya Pradesh government gives 50% subsidy, in which 50% of the expense is borne by the government and you can also cultivate bamboo by paying 50% personally. The Madhya Pradesh government gives Rs. 120 per tree.
Profit from bamboo farming
You start getting profit from bamboo farming after just 4 years, in which you can get a crop worth 40 lakhs in one hectare. Bamboo farming is a very profitable business, which you can do on your land and earn a good income, while in between you can also plant other small crops in the vacant space.
