Swavalamban Loan Proposal
Applicant Name: Sri Nilkanta Acharya
Father's Name: Narayan Chandra Acharya
Address: Purba Pratapgarh, Agartala, Tripura
Loan Category: Manufacturing & Packaging Unit (Automatic Incense Stick Rolling & Packaging
Machine)
Fixed capital: 2 Lakh
Working Capital: 3 Lakh
1. Project Overview
This proposal seeks financial support under the Swavalamban Scheme to establish a small-
scale incense stick (agarbatti) manufacturing and packaging unit. The unit will utilize semi-
automatic and automatic machinery to enhance productivity and reduce dependency on
manual labour. The applicant aims to generate sustainable self-employment and create jobs
for 2–3 additional workers.
2. Overview of Agarbatti Industry in Tripura
a.Introduction
The agarbatti (incense stick) industry in Tripura has emerged as a vital micro and small
enterprise sector due to the state's rich bamboo resources and availability of semi-skilled
labour. Tripura is one of India’s top bamboo-producing states, providing a key raw material
for incense stick production.
b. Cultural and Market Demand
Agarbatti is deeply embedded in Indian religious and cultural practices. In Tripura, its usage
spans temples, households, and community rituals. Demand remains stable throughout the
year and rises during festivals like Durga Puja, Diwali, and local celebrations.
c. Employment Potential
This industry offers sustainable income opportunities for women and unemployed youth in
both urban and rural regions. Government and NGO-led training initiatives have prepared a
sizable workforce for incense stick rolling and packaging.
d. Government Support
Under Swavalamban, state schemes, financial assistance, subsidies, and training are provided
for agarbatti production. Automatic machines are promoted for efficiency and productivity.
e. Market Accessibility
Tripura’s products have easy access to regional markets in Assam, West Bengal, and export
potential to Bangladesh via the Agartala Integrated Check Post (ICP).
f. Availability of Raw Materials
Raw materials include bamboo sticks, charcoal powder, jigat powder, and aromatic oils,
which are either locally available or sourced from Guwahati and Kolkata.
g. Scope of Automation
Use of semi-automatic and fully automatic machines enhances rolling speed (150–200
sticks/minute) and ensures consistent quality, making the unit more competitive and scalable.
3. Project Components
Sl. No. Component Description Amount (INR)
1. Fixed Capital Investment (Machinery) ₹2,00,000
2. Working Capital (Raw materials, utilities, etc.) ₹3,00,000
Total Project Cost ₹5,00,000
4. Means of Finance
Sl. No. Source of Finance Amount (INR)
1. Bank Loan (Swavalamban) ₹3,75,000
2. Government Subsidy ₹1,00,000
3 Promoter's Own Contribution ₹25,000
Total ₹5,00,000
5. Loan Recovery Schedule (5 Years @ 11% p.a.)
Opening Balance Annual Instalment Interest Principal Repaid Closing Balance
Year
(₹) (₹) (₹) (₹) (₹)
1 3,75,000 102,658 41,250 61,408 3,13,592
2 3,13,592 102,658 34,495 68,163 2,45,429
3 2,45,429 102,658 27,997 74,661 1,70,768
4 1,70,768 102,658 18,784 83,874 86,894
5 86,894 102,658 9,558 93,100 0
Total Payment over 5 Years: ₹5,13,290
Total Interest Paid: ₹1,38,290
6. Expected Outcomes
Employment Generation: Direct employment for 2–3 persons
Daily Production Capacity: 50–60 kg agarbatti
Estimated Monthly Turnover: ₹1,20,000 to ₹1,50,000
Estimated Monthly Profit: ₹30,000 to ₹40,000
7. Bank Details for Loan Processing
Recommended Bank: Bank of India
Preferred Branch: Melarmath Branch)
8. Declaration
I, Sri Nilkanta Acharya, hereby declare that all the information provided above is true and
correct to the best of my knowledge. I request your kind support in sanctioning the
Swavalamban loan as per the details above.
( Nilkanta Acharya)
Purba Pratapgarh, Agartala
