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Marketing & Branding. The scheme provides 50% financial grant for Branding and Marketing Support to groups of FPOs/ SHGs/ Cooperatives or a SPV of micro food processing enterprises to promote their existing or proposed brands to market their processed food products under the scheme. Capacity Building.
Nov 9, 2024 · Key Benefits of the PMFME Scheme. 1. Capital Subsidy for Upgrading Machinery. The PMFME Scheme offers a credit-linked capital subsidy of 35% on the eligible project cost for small food processing units, with a maximum ceiling of Rs. 10 lakh per unit. This financial support helps micro-entrepreneurs invest in advanced machinery and technology to ...
The PMFME scheme, launched under the Atmanirbhar Bharat Abhiyan, is a visionary step by the government to modernize and enhance the competitiveness of the micro food processing sector.
Micro Food Processing Enterprises in India. CHALLENGES AND OPPORTUNITIES. The micro food processing sector faces several challenges including the high cost of institutional credit, lack of access to modern technology, and value addition opportunities.
Dec 26, 2023 · As part of Atmanirbhar Bharat Abhiyan, Ministry of Food Processing Industries (MoFPI) is implementing a centrally sponsored "PM Formalisation of Micro food processing Enterprises (PMFME) Scheme" for providing financial, technical and business support for setting up / upgradation of micro food processing enterprises in the country.
Jul 11, 2024 · The PMFME full form is the Pradhan Mantri Formalisation of Micro Food Processing Enterprises scheme. It is a one-stop solution to formalise the Indian food sector. The Ministry of Food Processing implements this scheme with the aim of supporting the ‘Vocal for Local’ campaign.
PM FME stands for “Prime Minister Micro Food Processing Enterprises”. PMFME is an all-India Centrally Sponsored Scheme with an outlay of Rs. 10,000 crores for coverage of 2,00,000 enterprises over 5 years from 2020-21 to 2024-25 being implemented by MOFPI.
PMFME is a centrally sponsored scheme and is implemented by Ministry of Food Processing Industries (MoFPI) in close collaboration with State Nodal Agencies of respective states. All the states/ UTs have appointed Nodal agencies for implementation of the scheme.
Home | Ministry of Food Processing Industries | Government of India. Pradhan Mantri Formalisation of Micro Food Processing Enterprise Scheme. Latest Update. SLUP. Training Schedules. Contact Details.
Jul 30, 2021 · The Central Government, in partnership with the State Governments, has launched "PM Formalisation of Micro food processing Enterprises (PMFME) Scheme" for providing financial, technical and business support for upgradation of micro food processing enterprises in the country.