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Rural Non-Farm Jobs in Assam

   How Can Rural Non-Farm Employment Be Promoted in Assam to Reduce Dependence on Agriculture? Assam , one of the most picturesque states of India, is primarily an agrarian economy. While agriculture remains a vital livelihood source for nearly 53% of the state's population, heavy reliance on it has contributed to economic vulnerabilities. Factors like unpredictable floods, fluctuating crop prices, and limited arable land hinder the sustainable growth of farming in rural Assam. Therefore, promoting  **rural non-farm employment**  is crucial to reduce over-dependence on agriculture and enhance economic stability. The challenge lies in creating diverse employment opportunities that tap into local skills and resources, while also offering solutions to modern challenges. This blog will explore practical ways to promote rural non-farm employment in Assam, with real-life examples, statistics, and engagement strategies. 1. The Importance of Non-Farm Employment Rural non-f...
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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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