{"id":1374,"date":"2023-02-02T15:43:41","date_gmt":"2023-02-02T10:13:41","guid":{"rendered":"https:\/\/sarkariyojnaa.org\/?p=1374"},"modified":"2023-12-16T11:54:23","modified_gmt":"2023-12-16T06:24:23","slug":"pm-formalization-of-micro-food-processing-enterprises-scheme","status":"publish","type":"post","link":"https:\/\/sarkariyojnaa.org\/pm-formalization-of-micro-food-processing-enterprises-scheme\/","title":{"rendered":"PM FME- Formalization Of Micro Food Processing Enterprises Scheme"},"content":{"rendered":"\n

Overview of PM FME Scheme. <\/strong><\/p>\n\n\n\n

Article Name<\/td>PM Formalization of Micro Food Processing Enterprises Scheme<\/td><\/tr>
Under <\/td>Atmanirbhar Bharat Abhiyan and ‘ Vocal for Local Campaign’<\/td><\/tr>
Launched on<\/td>29\/ June\/2020<\/td><\/tr>
Nodal Ministry<\/td>Ministry of Food Processing Industries<\/td><\/tr>
Fund<\/td>10,000 crore<\/td><\/tr>
Term<\/td>2020-21 to 2024-25<\/td><\/tr>
Eligibility<\/td>above 18 years of age and should possess at least VIII standard pass educational qualification.<\/td><\/tr>
Official Website<\/td>mofpi.gov.in<\/a>https:\/\/www.mofpi.gov.in \u203a pmfme<\/a>PM Formlisation of Micro Food Processing Enterprises Scheme<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

OBJECTIVE OF PM FORMALIZATION OF MICRO FOOD PROCESSING ENTERPRISES SCHEME<\/strong><\/p>\n\n\n\n

Main objective behind the launch of PM Formalization of Micro Food Processing  is to increase competition<\/strong> among existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector. <\/p>\n\n\n\n

PM FME is especially focused on supporting Groups engaged in Agri-food<\/strong> <\/strong>processing<\/strong> such as Farmer Producer Organizations (FPOs), Self Help Groups (SHGs) and Producers Cooperatives along their entire value chain. Following are more ways in which PM FME supports:-<\/p>\n\n\n\n

i. Food processing entrepreneurs through credit-linked capital subsidy @35%<\/strong> of the eligible project cost with a <\/p>\n\n\n\n

ii. Seed capital @ Rs. 40,000\/- per SHG<\/strong> member for working capital and purchase of small tools.<\/p>\n\n\n\n

iii. Credit linked grant of 35%<\/strong> for capital investment to FPOs\/ SHGs\/ producer cooperatives.<\/p>\n\n\n\n

iv. Support for marketing & branding to micro-units.<\/p>\n\n\n\n

v. Support for common infrastructure and handholding support to SHGs, FPOs and Producer Cooperatives.<\/p>\n\n\n\n

vi. Providing Capacity building and training support to increase the capabilities of the enterprises and upgradation of skills of workers.<\/p>\n\n\n\n

IMPLEMENTATION OF PM FORMALIZATION OF MICRO FOOD PROCESSING ENTERPRISES SCHEME<\/strong><\/h3>\n\n\n\n

PM FORMALIZATION OF MICRO FOOD PROCESSING ENTERPRISES SCHEME will be implemented over five years from 2020-21 to 2024-25.<\/strong><\/p>\n\n\n\n

BUDGET FOR PM FORMALIZATION OF MICRO FOOD PROCESSING ENTERPRISES SCHEME<\/strong><\/p>\n\n\n\n

This scheme was launched by the Central Government of India. <\/em>Total budget allocated for PM FME is 10,000 crore<\/strong>. The share of expenditure under this scheme is as follows:<\/p>\n\n\n\n