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EV Charging Station

Pradhan Mantri Mudra Yojana (PMMY) is a government scheme that provides micro-loans up to Rs. 10 lakh to small business owners and entrepreneurs. It supports three types of loans - 'Shishu' (up to Rs. 50,000), 'Kishor' (up to Rs. 5 lakh), and 'Tarun' (up to Rs. 10 lakh). Indian citizens with viable business plans for non-farm activities can apply. Eligible businesses include small manufacturing, retail shops, produce vendors, artisans, and activities related to agriculture. The loans have subsidized interest rates and help entrepreneurs start or grow their small businesses.

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132 views5 pages

EV Charging Station

Pradhan Mantri Mudra Yojana (PMMY) is a government scheme that provides micro-loans up to Rs. 10 lakh to small business owners and entrepreneurs. It supports three types of loans - 'Shishu' (up to Rs. 50,000), 'Kishor' (up to Rs. 5 lakh), and 'Tarun' (up to Rs. 10 lakh). Indian citizens with viable business plans for non-farm activities can apply. Eligible businesses include small manufacturing, retail shops, produce vendors, artisans, and activities related to agriculture. The loans have subsidized interest rates and help entrepreneurs start or grow their small businesses.

Uploaded by

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We take content rights seriously. If you suspect this is your content, claim it here.
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EV Charging station

 Skills
 Ability to work well in a team
 Effective leadership skill
 Creativity
 Patience
 Good in online/offline activity
 Time management

 Business idea

A. EV charging station
B. Petrol pump
C. Car shop
D. hotel
E. electric shop

why I will select a EV charging station: -

Across the globe, drivers are shifting to electric vehicles (EVs) at an increasing
pace. As EV adoption accelerates, people will decide where they eat, shop, and park
based on the availability of charging stations. Providing smart EV charging services
to the customers would be an easy way to build loyalty and increase footfall.
Businesses have an opportunity to use this development to create a differentiation
over competition and gain extra revenues.

EV charging infrastructure at properties shows proactiveness to modernize and


innovate. This may tilt the balance in bringing the best employees and retaining the
employee workforce. Also, businesses with fleets can electrifying them and benefit
from the tax cuts and reduced operational costs. State/Central Governments are also
providing Income tax benefits to employees using Electric Vehicles for personal use.
Thus, having charging stations at business centres work as an excellent perk for new
and existing workers looking to shift to EVs.

With these practices, new customers will discover their way to such business
much more efficiently when the charging device is equated to a public
charging network.
Bank loan schemes available for a business

 Pradhan Mantri Mudra Yojana (PMMY)

 Credit Guarantee Scheme (CGS)

 Stand up India Scheme

 National Bank for Agriculture and Rural Development


(NABARD)

 Coir Udyami Yojana

 Bank Credit Facilitation Scheme

 Market Development Assistance (MDA) Scheme

Bank loan for a my bussiness

Pradhan Mantri Mudra Yojana (PMMY) is a scheme set up by the Government of


India (GoI) through MUDRA (a subsidiary of SIDBI) that helps in facilitating micro
credit upto Rs. 10 lakh to small business owners. MUDRA supports Financial
Intermediaries to extend loans to the non-corporate, non-farm sector income
generating activities of micro and small entities with credit needs upto Rs. 10 lakhs).

Benefits
The interventions have been named 'SHISHU', 'KISHOR' and 'TARUN' to signify the stage of
growth / development and funding needs of the beneficiary micro unit / entrepreneur.

 Shishu (Covering loans upto Rs. 50,000/-) : This stage would cater to entrepreneurs
who are either in their primitive stage or require lesser funds in order to get their
businesses started.
 Kishor (Covering loans upto Rs. 5,00,000/-): This section of entrepreneurs would
belong to either those who have already started their business and want additional
funds to mobilize their business.
 Tarun (Covering loans upto Rs. 10,00,000/-) : If an entrepreneur meets the required
eligibility conditions, he/she could apply loan for upto Rs.10 lakhs. This would be the
highest level of amount that an entrepreneur could apply for a startup loan.
 The lending rates are as per the RBI guidelines issued in this regard from time to time.

Eligibilit

 Any Indian Citizen who has a business plan for a non-farm income generating activity
such as manufacturing, processing, trading or service sector whose credit need is up to
Rs 10 lakh
 The usual terms and conditions of the lending agency may have to be followed for
availing of loans under PMMY. 

The business should be either one of the following:

 Small manufacturing enterprise


 Shopkeepers
 Fruit and Vegetable vendors
 Artisans
 'Activities allied to agriculture', e.g. pisciculture, bee keeping, poultry, livestock, rearing,
grading, sorting, aggregation agro industries, diary, fishery, agriclinics and agribusiness
centres, food & agro-processing, etc. (excluding crop loans, land improvement such as
canal, irrigation and wells).

Form of Pradhan Mantri Mudra Yojana (PMMY)

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