List of Government Franchises: Franchise, in government, is a right specifically conferred on a group or individual by a government, especially a privilege conferred by a municipality on a corporation of operating public utilities, such as electricity, telephone, and bus services. The bottom line is that while a franchise can make you independently wealthy, it isn’t a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited. list of government franchises in India
List of Government Franchises: फ्रैंचाइज़, सरकार में, सरकार द्वारा एक समूह या व्यक्ति को विशेष रूप से प्रदान किया गया अधिकार है, विशेष रूप से एक नगरपालिका द्वारा संचालित सार्वजनिक उपयोगिताओं, जैसे बिजली, टेलीफोन और बस सेवाओं के निगम पर एक विशेषाधिकार। लब्बोलुआब यह है कि एक फ्रैंचाइज़ी आपको स्वतंत्र रूप से अमीर बना सकती है, लेकिन यह कोई गारंटी नहीं है। सही उद्योग में सही व्यवसाय चुनना, और पहले से मौजूद उद्यमशीलता के अनुभव और/या मौजूदा धन के साथ जाने से मदद मिल सकती है, लेकिन आपकी आय-सृजन क्षमता अभी भी कुछ हद तक सीमित हो सकती है।
Rural and Urban Development of India is inviting franchisee/service agencies across India!
Rural and Urban Development of India (R.U.D.I) is inviting franchisee/service agencies across India to promote & subscribe to citizens of India under the central government’s national pension system which is known as Swabalamban Yojna (NPS-LITE). Earning potential of rs.75,000 to rs.1,50,000 depending on franchisee’s/agency’s effort.
This Scheme (Yojna) is from the PFRDA (Pension Fund Regulatory Development Authority) and under the guideline of the Ministry of Finance, Government of India.
National Pension System is introduced by Govt. of India to provide OLD AGE Income and to Ensure Financial Security for people who are not covered under any PF account benefits.
- Any citizen of India of age 18- 60 yrs can open an NPS Lite account.
- NPS Lite pension plan is beneficial for the lower middle / poor class to save money.
- NRI & PPF subscribers can also invest in NPS.
- Income tax Benefit u/s 80ccd.
- Invest 1000 and get govt. Contribution 1000 P.A.
- The account can be opened with a nominal subscription of Rs.100 plus an account opening fee.
- Swavalamban benefit will be available to subscribers who invest Rs.1000 min & max 12000 P.A.
- Up to 60% withdrawal is allowed at retirement age, remaining corpus will be given annuity.
- The fund is being managed by Pension Fund Manager (PFM).
- Pran no. Will be allocated by NSDL, along with the PRAN card.
- The expected rate of return is 8.25% to 12% (depending upon fund performance).
- Payment can be done anywhere in India, even subscribers can change city or location.
- Subscribers will get an individual PRAN card. (Permanent Retirement Account Number)
- PFRDA is a regulatory body for NPS Lite.
- If the application is rejected, the subscriber will get back their money.
- PRAN card is available in Hindi also.
What Franchisee Gets?
- Operating manuals for better understanding
- Field assistance
- Support will be there while setting up a franchise
- Marketing & advertisement support
Top 5 Franchises In India
It has become a trusted and popular Indian brand for a couple of years. This is one brand that has exceeded the revenue of 200 crores, Baba Ramdev, along with Acharya Balkishan founded this company in the year 2006.
The first product lines of the company were herbal and Ayurvedic items. After getting great success in this field, Patanjali expanded its business in other areas too, such as beauty products, health care, personal care, food products, and much more.
It has become one of the most value-added products in the FMCG market. For taking its franchise you would need a minimum area space of 500 Sq Ft and an investment of a minimum of 7 lakhs, you can exceed the finance as per your budget. You can earn a good amount of money by taking its franchise as it has become a reliable and economical brand in just a couple of years.
It is one of the most renowned pizza chains in the country, which has over 500 outlets in different states of India. So it was started in the year 1960 and has become the leading and largest brand for pizza delivery services.
You would be amazed to know that it has more than 1 million customers as it is in more than 70 countries, including India. It serves a few other food items except pizza, such as pasta, garlic bread, chicken wings, and much more mouth-watering dishes.
It is in more than 120 cities in India, in India it comes under Jubilant Food Works limited, so if you wish to take the franchise, then you must be a partner with them. Also, for taking its franchise, you would need a minimum space of 1500 Sq Ft, and a minimum investment of 30 lakhs is required.
The major benefit of this franchise would be that it is a very renowned brand, and people love its taste; thus, there are huge chances of making a good profit.
This company has a network of over 500 national and international outlets, as it is a very famous brand that is well-known for selling greeting cards, personalized gifts, artwork, and other such things. Its products have been winning the heart of millions of people since 1979.
They have an array of a unique collections of gifts for anniversaries, birthdays, mother’s day, valentine’s day, farewell, and all such occasions. Hence, starting an Archies store can be a profitable business for you as it does not require a lot of staff to work for you, and you can start it with a floor area of 500 Sq Ft.
An investment of around 12 lakhs is needed for inventories, designing, music, and other such accessories. You can earn a decent amount of about 25%-30% every month from it.
Therefore, if you love arts and are creative, then this can be a great franchise business for you, as you can also show your creativity and give a great idea to others for buying gifts for their loved ones.
It is the flagship scheme of The Ministry of Skill Development & Entrepreneurship and was launched by our current Prime Minister, Mr Narendra Modi, in the year 2015. The objective of this scheme was the growth of the Youth of India in various skills.
Therefore the major aim of this skill certification scheme is to enable a massive number of Indian citizens to take industry-related skill-based training that would benefit them in having a better livelihood.
Its primary target is to increase the employment rate from 5%, which was in 2014. Perhaps, if you want to take education or any skill-based training, then you can join PMKVY (Pradhan Mantri Kushan Vikas Yojana).
The duration of this scheme is 4 years; this scheme has a target of skill development of more than 1 crore youth in 4 years. It also has special provisions for special candidates as they can get residential training.
Dr Batra’s Clinic
It is India’s leading chain of homoeopathy clinics; they provide treatment for numerous diseases such as asthma, acne, hair treatments, allergies, and much more. They have successfully provided safe and natural therapies to more than 1.5 million patients globally.
According to the reports, they are one of the fastest-growing companies in the health care industry; it has over 105 clinics in more than 45 cities in India, Dubai, and the U.K. Also, it has already launched 10 clinics outside India; people love the way they work and provide treatments.
They are currently located in 5 countries, which are India, the UK, Dubai, Bangladesh, and Bahrain. So it is a well-known and reliable brand which has qualified staff and professionals working for them. For taking its franchise, you would require a minimum floor space of 500 Sq Ft and an investment of around 25-30 lakhs.
FAQs on List of Government Franchises
What’s the biggest franchise in the world?
McDonald’s is the world’s largest franchise network with an incredible $89 billion in global sales. Despite increasing competition, it has held on to this spot every year since the rankings were first released in 2000.
Is opening a franchise worth it?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
What are the three types of franchises?
There are three main types of franchise opportunities available, these are:
- Business format franchises.
- Product franchises, or Single operator franchises.
- Manufacturing franchises.
What is a franchise owner called?
The franchisee is the individual who buys into the original company by purchasing the right to sell the franchisor’s goods or services under the existing business model and trademark.
How do franchise owners get paid?
A franchisor makes money from royalties and fees paid by the franchise owners. Also, a franchise owner makes money through profits received from sales and service transactions. This is generally the leftover amount of money received from revenue after overhead costs are taken out.