He came to know from a friend about facilities available to young persons in urban areas to become entrepreneur under the Prime Minister’s Employment Generation Programme (PMEGP). To confirm and to know in detail, Himanshu Sekhar Srichandan of Puri town, contacted DIC and IED, wherefrom he learnt about EDP programme. He enrolled in IED for training and successfully completed it.
He wanted to utilize fly-ash to make bricks, which are eco-friendly. But he needed substantial amount for investment. His capacity to mobilise from his own source the minimum prescribed amount was severely constrained. Yet he did not back out. After consultation with trainers in IED, he got a project report prepared and submitted it to Bank of India, Puri for a loan of Rs 10 lakh. The project was bankable and Bank of India sanctioned it.
He has procured the machinery after identifying location for his unit. The factory is almost complete. Himanshu is getting ready to start production soon. He intends to provide employment to at least 12 persons, while having full time employment for him. The market has good demand for fly-ash bricks. Himanshu has already become an entrepreneur. He is determined to manage his business well to earn reasonable profit.