HALDIA INSTITUTE OF TECHNOLOGY “UNNATI EK JAMANA” PRESENTED BY PRATEEK MONDAL DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING.

HALDIA INSTITUTE OF TECHNOLOGY

“UNNATI EK JAMANA”

PRESENTED BY

PRATEEK MONDAL DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING

Basic Overview-Rural Area in India• India is an agriculture dependent nation.

• Main source of income for the people in rural areas are farming.

• Recent studies (Wikipedia,2011) describes that out of total 115crore population in India, 69.3 crore people live in rural areas In West Bengal, of the total population of 8.97 crore , 6.45 crore people live in rural area. We have estimated the resources to be available in the villages.[reference: www.wikipedia.com, time of access:1/03/2011 at 7:30 pm]

• An alternative approach targeted to provide employment to the house-wives(specially) as well as unemployed people.

• Not trying to replace the main source of income of the villagers but we are boosting an alternative approach for self independency among women and unemployed.

• Women empowerment and development on the basic levels related to a community can only develop a nation.

BASIC OVERVIEW OF POPULATION OF INDIA AND W.B.WITH RESPECT TO POPULATION IN

RURAL AREAS

Place

• Employment for unemployed people, specially targeted to the housewife of villages who has to depend on their family bread earner for finance related purposes. Socio cultural impact is established.

• Health and Education will be an important issue in development of rural areas.

• Promoting handicraft industries will be our primary concern for the time being and later on encouraging development on health, education.

• Encouragement of traditional handicraft industries (small cottage industries) which had given way to modern technology. We want to bring out the rich cultural heritage to the world again which was becoming extinct.

• Eco-friendly and healthy atmosphere impact on the lives of the villagers.

METHODOLOGY

• Site for implementing our business plan: VILLAGE:RASHIPUR,DISTRICT:BURDWAN, STATE:WEST BENGAL.

• Located around 40kms from the nearby town.• Received Great support from the Gram Pradhan as well

as local Mahila Sangathan Head.• A survey was conducted by us on 102 house wives of

the village who have to depend on their family bread earner for finance related purpose.

• Questions were based on an alternative source of income, daily affordable time of 2 to 3 hours, work from home and remedy for services related to health and education.

QUESTION NO.

TYPES OF QUESTIONS PUT FORWARD TO 102 HOUSE WIVES

YES NO CANT SAY

1. ARE YOU INTERESTED FOR A SECONDARY SOURCE OF INCOME?

94 4 4

2. WILL YOU BE ABLE TO AFFORD 2 TO 3 HOURS DAILY FOR WORK AND MANUFACTURE ORODUCTS LIKE PRICKLES,SAREE,HANDICRAFT PRODUCTS LIKE POTS,FLOWER VASE?

91 7 4

3. WILL YOU BE SELLING US PRODUTS IF WE GIVE YOU THE RIGHT PRICE?

91 7 4

4. DO YOU WANT A REMEDY FOR SERVICES LIKE HEALTH AND EDUCATION?

101 --- 1

• Development will be based on providing employment to the unemployed house wives and also unemployed people.• Our business plan was targeted not to replace the main source of income but an alternative approach for providing financial stability by side income to the family.• Small scale investment to benefit everyone-plan should be flexible, dynamic and risk free.• Concerned to serve general mass and to create an eco friendly and healthy atmosphere.• As restricted to locally available skilled people, special priority was given on available resources like cottage industries.•Unleashing our business plan-”DEVELOPMENT-AN ERA”.

PLAN OVERVIEW

Small cottage industries can enrich rural areas employment and also its cultural heritage.Side income can prosper a rural family’s financial condition.More options of earning by sitting at home.Major portion of the profit will be served on health camps and education institutes.Boosting cultural heritage of rural society and later expand our plan in all over Rural India.We have highlighted on available resources in the village and available of locally skilled villagers.Major Small Cottage Industries like: 1. Pickles industries. 2. Sari industries. 3. Handicraft industries.

Detailed Study-PLAN 1

PICKLES INDUSTRIES: - Raw materials will be provided by the villagers. General pickle contents need to be dried on the sun after mixing all ingredients. This method takes around 10 days . After the ingredients are ready, only filling them on plastic pouches and selling them to us will be the job required. We will provide sufficient training to the house wives as well as preservative chemicals for the ingredients. We will provide employment for 50 women.

Total no. of pouch/month

Cost price of 1 pouch

Investment/month

Total investment/month as T(inclusive C+t+Tr+cp)

Selling price of 1 pouch

Total income/ month as I

Net profit/ month (P=I-T)

20000 Rs 15 Rs 3 lacs Rs 3.3 lacs Rs 25 15000* 25=Rs 3.75 lacs

Rs 45000

Hence the net profit from pickle industries per month is calculated to be around Rs 45000. Annually around Rs 5.4 lacs.(T=total investment p.m; I=total income p.m; P=net profit p.m; C=cost of chemicals; t=training cost; Tr=transport; cp= total cost of pouches.)

DETAILED STUDY-PLAN 2

SARI INDUSTRIES:-Regular sari materials available in the village are basically cotton and loom made. While loom made sari require specifies skills and hand made wooden instruments, we will prefer cotton sari for that. Raw materials like cotton are made into thread by the villagers. We will not provide such raw materials but we will employ around 20 house wives to produce around 300 sari. A sari is woven by one woman in 2 days. Hence 20 women can produce approximately 300 sari per month.Total no of sari/ month

Cost of 1 sari

investment/ month

Total investment/ month

Selling price of 1 sari

Total income/month

Net profit per month

300 Rs 200 Rs 300*200=Rs 60000

Rs 70000 approx

Rs 300 to Rs 325

Rs 90000 to Rs 97500

Rs 20000 to Rs 27500

. Hence the net profit from the sari industry is calculated to be around Rs 20000 to Rs 27500 per month. Hence the annual

profit sums up to Rs 2.4 lacs to Rs 3.3 lacs

DETAILED STUDY-PLAN 3

HANDICRAFT INDUSTRIES:-One of the major investment which emphasise the rich heritage of our traditional culture.Lagging behind as there is few exposure.Products like pots, terracotta statues, flower vase, decorative items have immense marketing demand.30 people will be employed.Raw materials like earth and high temperature furnance easily available.One person can manufacture 3 pots, 2 flower vases, 1 decorative item and 4 terracotta statues daily.Approximately 90 pots, 60 flower vases, 120 terracotta statues and 30 decorative items manufacture daily by 30 people.Approximately summing up to 1350 pots, 900 flower vases, 450 decorative items, 1800 terracotta statues manufactured per month by 30 people.

No of pots /mth

No of vases/mth

No of D.I/ mth

No of T.S/mth

Cost of 1 pot

Cost of 1 vase

Cost of 1 D.I

Cost of 1 T.S.

1350 900 450 1800 Rs 5 Rs 50 Rs 100 Rs 70

Total cost for pots/mth

Total cost for vases/mth

Total cost for D.I/mth

Total cost for T.S./mth

Investment/mth Total investment/mth

Rs 6750 Rs 45000 Rs45000 Rs1.26 lacs Rs 2.28 lacs(Approx)

Rs 2.5lacs

Selling price of 1 pot

S.P. of 1 vase S.P of 1 D.I S.P of 1 T.S. Total income/mth

Net Profit/mth

Rs 10 Rs 100 Rs 150 Rs 100 Rs 3.51 lacs Rs 1.01 lac

Hence the net profit per month from the handicraft industry is calculated to be around Rs 1.01 lacs. Annual profit is calculated to be Rs 12.12 lacs. D.I=Decorative Item, T.S=Terracotta Statues.S.P=selling price.

OVERVIEW OF INVESTMENT AND PROFIT OF OUR BUSINESS

Plan 1 total investment/mth

Plan 2 total investment/mth

Plan 3 total investment/mth

Plan 1 total income/mth

Plan 2 total income/mth

Plan 3 total income/mth

Plan 1 net profit/mth

Plan 2 net profit/mth

Plan 3 net profit/mth

Rs 3.3 lacs

Rs 70000

Rs 2.5 lacs

Rs 3.75 lacs

Rs 90000 to 97500

Rs 3.51 lacs

Rs 45000

Rs 20000 to 27500

Rs 1.01 lacs

Total investment of all 3 plans/mth

Total income of all 3 plans/mth

Net profit of all 3 plans/mth

Annual investment of all 3 plans

Annual income of all 3 plans

Annual profit of all 3 plans

Rs 6.5 lacs

Rs 8.16lacs to Rs 8.235 lacs

Rs 1.5 lacs approx

Rs 78 lacs

Rs 97.92 lacs to Rs 98.82 lacs

Rs 18 lacs(approx)

The data labels on the pie chart represents in total of 10.

Marketing Aspect• Pickle industries: we can go for an agreement with Railways

Tourism for selling our products in frequent stalls near the railways station. Also we can sign in contracts with various retail chains for promoting our products.

• Sari industries: we can directly contact the whole sellers in the whole sale market. We are ready to compromise a less profit to get an assurance of all of our products been bought by the whole sale industries. Even we can sign in contracts with various brand companies related to sari.

• Handicraft industries: we can promote our products in various trade fairs. Also we can choose tourist places having high traditional values-also infront of various hotels to attract tourists.

• We have decided to give more preference to quality rather than quantity. Also our products will be made with attractive covers for grabbing attention of the customers

• Various constraints in our plan: High competition with present companies in the industries-brand

name. Unsold products. Labour loss.

Net investment from bank=Rs 10 lacs

1st time investment for a village for all 3 plans=Rs 6.5 lacs approx for a

month

Amount left in hand=Rs 3.5 lacs approx

Total profit=Rs 18 Lacs

From Rs 18 lacs, Rs 1 lac will be used for bank loan. With Remaining Rs 17

lacs we can establish the same business on another village with a

minimum investment of 6.5 lacs for the first village(for second year) as well

as initial investment for the second village(for the 1st year) for a month.

After 1st year amount in hand will be approximately=Rs 7.5 lacs(considering remaining

money of the bank loan and the remaining portion of the profit)

INITIAL INVESTMENT FOR A MONTH

AFTER 1ST YEAR

Total profit=Rs 36 lacs(from 2 villages)

Amount of Rs 2lacs will be used for bank loan purpose, while for the previous 2 villages, we

are investing for the first month(for village 1 3rd

year and village 2 2nd year).also initial

investment will be done for 3 more villages

After 2nd year net amount in hand will be approximately=Rs 9 lacs

AFTER 2ND YEAR

Hence forth, after 3rd year, we are having a profit of Rs 90 lacs(from 5 villages, as 1 village will give us approx profit of Rs 18 lacs).

Future Prediction-Conclusion

From profit of 3rd year we are getting a profit of Rs 90 lacs.(Rs 18 lacs per village).At instant we will repay the bank loan taken with interest.Another Rs 32.5 lacs will have to be invested in 5 villages as initial investment(per village will account Rs 6.5 lacs for all 3 plans).Net profit in hand Rs 48lacs.Concentrate on education, health sectors.Development can be achieved only when one have enough money to withstand crisis.Development plan related to health , education, employment =Rs 8 lacs per village(total=Rs 40 lacs from 5 villages).Later on We can set small scale bio gas plant to provide bio gas and fertilizers to the villagers free of cost.We can expand our business plan to many number of villages.“slow and steady progress has a lifelong success among a healthy atmosphere”-this is how we terminate the presentation.

REFERENCES

WWW.WIKIPEDIA.COMWWW.GOOGLE.COMWWW.YAHOO.COMWWW.IMAGESBAZAR.COMWWW.INDIANSTOCKPICTURE.COMWEST BENGAL COMMISSION OF AGRICULTURE AND RURAL DEVELOPMENT.