Promotion of Rural Non-Farm Employment in Biswanath District, Assam

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Promotion of Rural Non-Farm Employment in Biswanath District, Assam Promotion of Rural Non-Farm Employment in Biswanath District, Assam Visit our Home Page Promotion of Rural Non-Farm Employment Generation in Biswanath District, Assam Rural non-farm employment plays a crucial role in creating sustainable livelihoods and boosting economic growth in regions like Biswanath District, Assam. This blog will walk you through a well-defined strategy to promote employment opportunities beyond traditional farming sectors, using the local resources and government schemes available in Assam. This approach supports sustainability, entrepreneurship, and economic empowerment for the rural workforce. Step-by-Step Algorithm to Promote Rural Non-Farm Employment 1. Identifying Local Re

Financial Scheme Proposals for Oil and Gas Sector Skill Development in Sivasagar

Financial Scheme Proposals for Oil and Gas Sector Skill Development in Sivasagar

Financial Scheme Proposals for Oil and Gas Sector Skill Development in Sivasagar

As part of promoting skill development in the oil and gas sector in Sivasagar, the following financial schemes are proposed to support unemployed individuals and entrepreneurs. The schemes range from ₹1 lakh to ₹10 lakh, catering to various business models related to skill development, training centers, and equipment procurement in this sector. These schemes are designed to create jobs, provide training, and offer entrepreneurial opportunities within the oil and gas industry.

Scheme 1: Oil Exploration Training Centre

  • Loan Amount: ₹5,00,000
  • Fixed Costs: ₹2,50,000 (machinery, seismic data analysis tools)
  • Variable Costs: ₹1,00,000 (training materials, salary of trainers)
  • Working Capital: ₹1,50,000
  • Profit Earning: Expected profit of ₹50,000 per month through student fees
  • Repayment Schedule: 2 years with a moratorium of 6 months

Scheme 2: Oil and Gas Machinery Rental Business

  • Loan Amount: ₹7,00,000
  • Fixed Costs: ₹4,00,000 (machinery and tools)
  • Variable Costs: ₹2,00,000 (maintenance, transportation)
  • Working Capital: ₹1,00,000
  • Profit Earning: Rental income of ₹75,000 per month
  • Repayment Schedule: 3 years with a moratorium of 6 months

Scheme 3: Refinery Operations Training Center

  • Loan Amount: ₹6,00,000
  • Fixed Costs: ₹3,00,000 (training equipment, refinery simulators)
  • Variable Costs: ₹1,50,000 (course materials, instructor salaries)
  • Working Capital: ₹1,50,000
  • Profit Earning: ₹60,000 per month from student enrollments
  • Repayment Schedule: 2.5 years

Scheme 4: On-the-Job Training Program for Oil Workers

  • Loan Amount: ₹3,00,000
  • Fixed Costs: ₹1,50,000 (equipment, safety gear)
  • Variable Costs: ₹1,00,000 (transportation, insurance)
  • Working Capital: ₹50,000
  • Profit Earning: ₹40,000 per month from training fees
  • Repayment Schedule: 2 years with a moratorium of 4 months

Scheme 5: Drilling Equipment Sales and Service

  • Loan Amount: ₹8,00,000
  • Fixed Costs: ₹5,00,000 (procurement of drilling tools)
  • Variable Costs: ₹2,00,000 (staff, transportation)
  • Working Capital: ₹1,00,000
  • Profit Earning: ₹1,00,000 per month from sales and servicing
  • Repayment Schedule: 3 years with a 6-month grace period

Scheme 6: Oil and Gas Safety Training Institute

  • Loan Amount: ₹2,50,000
  • Fixed Costs: ₹1,25,000 (safety equipment)
  • Variable Costs: ₹75,000 (course materials, instructor fees)
  • Working Capital: ₹50,000
  • Profit Earning: ₹35,000 per month from training courses
  • Repayment Schedule: 2 years

Scheme 7: Rotational Apprenticeship Program

  • Loan Amount: ₹4,00,000
  • Fixed Costs: ₹2,00,000 (equipment, training materials)
  • Variable Costs: ₹1,50,000 (trainer salaries, transportation)
  • Working Capital: ₹50,000
  • Profit Earning: ₹45,000 per month from apprenticeship fees
  • Repayment Schedule: 2.5 years

Scheme 8: Geophysical Survey Business

  • Loan Amount: ₹9,00,000
  • Fixed Costs: ₹6,00,000 (surveying equipment, software)
  • Variable Costs: ₹2,00,000 (transportation, staff)
  • Working Capital: ₹1,00,000
  • Profit Earning: ₹1,20,000 per month from geophysical survey projects
  • Repayment Schedule: 3 years with a 6-month moratorium

Scheme 9: Oil and Gas Digital Training Platform

  • Loan Amount: ₹5,00,000
  • Fixed Costs: ₹2,50,000 (IT infrastructure, website development)
  • Variable Costs: ₹1,50,000 (content creation, marketing)
  • Working Capital: ₹1,00,000
  • Profit Earning: ₹55,000 per month from online course subscriptions
  • Repayment Schedule: 2 years with a 3-month grace period

Scheme 10: Oil and Gas Equipment Leasing

  • Loan Amount: ₹10,00,000
  • Fixed Costs: ₹6,50,000 (equipment procurement)
  • Variable Costs: ₹2,50,000 (maintenance, leasing operations)
  • Working Capital: ₹1,00,000
  • Profit Earning: ₹1,25,000 per month from leasing contracts
  • Repayment Schedule: 3 years with a 6-month moratorium

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