Complementing the focus of central government for self-sufficiency in food security and employment generation in rural areas, many state governments in India has introduced Credit linked Capital Investment Subsidy Scheme (Upto 50% of the Capital Investment) for establishment of Modern Rice Mills as well as technology up-gradation and upgradation of existing Rice Mill units in their respective states. The main objective of the scheme is to increase the level of processing, reduction of wastages, value addition, enhance the income of the farmers, encourage the level of state agricultural production, making state self-reliant of food grains particularly for Paddy/ Rice and to achieve overall development of food processing sector by patronizing the Rice Mill industry in particular. 

The modern rice mills so promoted do provide rice milling services of paddy procured under Minimum Support Price (MSP) to Food & Civil Supply department of State Govt., Food Corporation of India or other procurement agencies besides directly selling own rice mill production to customers of local area, Departmental stores, Supermarkets, Retail Stores, Traders, Suppliers, Hospitals, Caterers, Road-side Dhabas, Restaurants, Hostels and Canteens etc. 

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format (Easy to Download, Convert into MS WORD through www.pdftoword.com, Edit for Personalised Customisation and Finally Printing the Report) to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location       :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                        :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

The Project Report/ Business Plan so presented include all the important aspects containing the following details;

CONTENTS

1.    Highlights of the Project

2.    Project Introduction

3.    The Project Proposal

4.    The Products and Uses

5.    Prospect for Investment

6.    Potential Target Customers/Market

7.    Market Entry, Distribution and Marketing Strategy

8.    Critical Success Factors

9.    Process Details and Technical Aspects

10.  Installed and Operational Capacity

11.  Quality and Standards

12.  Raw Materials and Consumables

13.  Power and Utility

14.  Tentative Implementation Schedule

15.  Basis & Presumptions

16.  Capital Investment Estimates with Detail Project Economics

17.  Computation of Working Capital Requirement

18.  Estimated Total Project Investment

19.  Proposed Means of Project Financing

20.  Estimated Annual Sales Turnover

21.  Projected Profitability Statement

22.  Calculation of Interest Amount

23.  Depreciation Schedule

24.  Term Loan Repayment Schedule

25.  Debt Service Coverage Ratio

26.  Break-Even Analysis

27.  Projected Cash Flow Statement

28.  Projected Balance Sheet

29.  Internal Rate Return

30.  Photograph of Rice Mill Machine

31.  Contact Details of Rice Mill Training Centres and

32.  Contact Details of Equipment and Machinery Suppliers

The presentation also supplements with important facts and useful information covering the areas as indicated below;

LIST OF ANNEXURES

1.   Basics of Food Processing Business

2.   Indian Food Processing Industry- Current Scenario and Recent Govt. Initiatives

3.   Statutory Permits and Business Licenses required for the Project

4.   Beginner’s Guide to Start the Project

5.   Smart Tips to Identify Suitable Project Location

6.   Critical Success Factors in Food Processing Business and

7.   Marketing Strategy and Promotional Ideas to Boost the Sale of the Business.

LIST OF ENCLOSURES

ENCLOSURE-1: E-BOOK ON PMFME SCHEME, MINISTRY OF FOOD PROCESSING INDUSTRIES, GOVT. OF INDIA.

ENCLOSURE-2: LATEST LIST OF “ONE DISTRICT ONE PRODUCT” (ODOP) FOR 713 DISTRICTS OF 35 STATES/UNION TERRITORIES UNDER PMFME SCHEME, MINISTRY OF FOOD PROCESSING INDUSTRIES, GOVT. OF INDIA.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.