Biomass Pellet Loan under CMEGP & PMEGP Schemes and Income
Biomass Pellet Loan under CMEGP & PMEGP Schemes and Income Biomass pellet production has emerged as a profitable and eco-friendly business, addressing the growing demand for alternative energy sources. In India, many entrepreneurs seek financial assistance to set up biomass pellet plants, especially under government-backed schemes like the CMEGP and PMEGP. However, securing such loans requires a well-prepared Project Report for Bank Loan , along with other compliance documentation. Moreover, MSMEs and startups in India are eligible for a variety of income tax benefits, which help reduce financial burdens and encourage business growth. In this blog, we’ll discuss the process of obtaining a biomass pellet loan under CMEGP and PMEGP, and the tax benefits available for MSMEs and startups. Understanding Biomass Pellet Loans under CMEGP & PMEGP Schemes Both CMEGP (Chief Minister Employment Generation Programme) and PMEGP (Prime Minister’s Employment Generation Programme) off...