PMFME Scheme List All Information
PMFME Scheme List, A vast range of food items are served by the Indian food processing sector. Approximately 25 lakh food processing facilities make up our nation’s unorganized food processing industry, which accounts for 74% of all food processing jobs. For a very long period, these unorganized sectors have faced several difficulties. To address this issue, the Ministry of Food Processing Industry (MoFPI) of the Indian government launched the PMFME initiative. Learn the PMFME complete form, eligibility requirements, perks, and other important information about this program by reading on.
Contents
PMFME is the full name of the Pradhan Mantri Formalization of Micro Food Processing Enterprises initiative. It serves as a one-stop shop for formalizing the Indian food industry. The Ministry of Food Processing oversees this initiative, which aims to further the “Vocal for Local” campaign.
The PMFME program was launched in 2020 under the Atmanirbhar Bharat Abhiyaan and operated for five years, from 2020–21 to 2024–25. With an emphasis on assisting Farmer Producer Organizations (FPOs), producers cooperatives, and Self-Help Groups (SHGs) involved in the agri-food processing industry, it seeks to formalize and expand the number of micro-enterprises currently operating in the unorganized food processing segment.
It is a five-year, centrally supported program that will cost Rs. 10,000 crores. In a 60:40 split, the federal government and the state governments will split the costs. The federal government’s share in the state governments in the northeastern and Himalayan states is 90:10.
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To expand the scope of acquiring inputs, shared services, and product marketing, the PMFME plan has embraced the One District One Product (ODOP) concept. It seeks to offer the structure for coordinating value chain growth and support infrastructure. The states will select and market the district’s food items under the ODOP. The selected food item might be a single, primarily locally produced food item, a cereal-based product, or a perishable crop.
ODOP includes items such as fisheries, mangos, millet-based products, potatoes, tomatoes, litchi, poultry, beef, and animal feed. Additionally, this initiative would promote traditional Indian herbal goods such as turmeric, amla, honey, and minor forest products in tribal areas. Under the ODOP method, good branding, marketing, and infrastructural facilities would be provided.
The following elements of the food processing industry are the scheme’s primary focus:
Under this scheme, all FPOs, Farmer Producer Companies (FPCs), cooperatives, SHGs and their affiliates, private companies, and public entities would get assistance in constructing shared infrastructure.
This mostly comprises assistance with the construction of labs, cold storage facilities, warehouses, and incubation centers. Factors such as the viability gap, the absence of private investment, the complexity of the value chain, and the sector’s overall advantages are taken into account when evaluating a project’s eligibility. For capital investment, there is also a credit-linked capital subsidy available.
To help FPOs, Cooperatives, SHGs, or a Special Purpose Vehicle (SPV) of a micro food processing firm sell their processed food products, the PMFME program provides branding and marketing assistance. This facilitates the creation of uniform packaging, branding, standardization, quality control, and adherence to food safety regulations.
Support for branding and marketing is handled by the Tribal Cooperative Marketing Federation of India (TRIFED) and the National Agriculture Cooperative Marketing Federation of India (NAFED). The State Nodal Agency would provide up to Rs. 5 lakhs in support to the food processing businesses in order to create the Detailed Project Report (DPR) for marketing and branding proposals.
A key component of turning any disorganized unit into an organized one is training. Grantees and organizations under the PMFME will participate in training to develop their abilities.
Training and capacity building are examined by two national organizations: the Indian Institute of Food Processing Technology and the National Institute for Food Technology Entrepreneurship and Management. All required training is provided by these two organizations as well as state-level technological institutes selected by the state government.
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Unorganized micro food processing businesses and those involved in micro food processing are eligible for funding under this program to expand or upgrade their equipment.
Members of SHGs involved in food processing can acquire modest tools and working capital with seed money provided by the PMFME initiative. The federation level of SHGs will supply the seed cash, which will then be made available to the members as a loan through SHG.
The following subsidies will be offered by the government under the PMFME scheme:
Different qualifying requirements must be fulfilled for various forms of support. They are as follows:
The PMFME program is available for both online and offline applications. To make use of the scheme’s benefits, one can choose from four distinct kinds of application forms. For offline applications, there are distinct forms for SHGs, cooperative societies, FPCs, and shared infrastructure.
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If you want to apply online for the PMFME scheme, follow these steps:
Q. The PMFME plan is what?
Ans: The Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) program provides all unorganized micro food processing businesses with financial, business, and technical assistance.
Q. For whom is the PMFME plan applicable?
Ans: Current micro food processing enterprises, cooperatives, Farmer Producer Organizations (FPOs), and Self Help Groups (SHGs) are all eligible for the PMFME program.
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