PMFME Scheme:- The Ministry of Food Processing Industry (MoFPI) introduced the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme. The program’s goal is to make currently operating micro businesses in the unorganized food processing industry more competitive. The program offers business, technical, and financial support furthermore, FSSAI registration, Udyog Aadhaar, and GST formalized micro units.
The scheme covers:
The scheme provides:
To be eligible for the scheme, applicants must:
Also Read:- Stand Up India Scheme
Contents
The following elements of the food processing industry are the main focus of the program:
Common Infrastructure Development
All Farmer Producer Organisations (FPOs), Farmer Producer Companies (FPCs), Cooperatives, Self-Help Groups (SHGs) and their affiliates, private businesses, and government organizations will receive assistance for building shared infrastructure under this program.
This primarily includes support for building labs, warehouses, cold storage facilities, incubators, etc. When evaluating a project’s eligibility, various factors are considered, including the viability gap, the lack of private investment, the intricacy of the value chain, and the sector’s overall benefits. For capital investment, there is also a credit-linked capital subsidy available.
Branding and Marketing
For the purpose of marketing their processed food products, FPOs, Cooperatives, SHGs, or a Special Purpose Vehicle (SPV) of a micro food processing enterprise can get branding and marketing support through the PMFME scheme. This aids in the creation of uniform packaging, standardization, and branding that allows for quality control, and adherence to food safety regulations.
Support for marketing and branding is handled by the National Agriculture Cooperative Marketing Federation of India (NAFED) and the Tribal Cooperative Marketing Federation of India (TRIFED).
The State Nodal Agency will provide the food processing units with up to Rs. 5 lakhs in support of preparing the Detailed Project Report (DPR) for proposals related to marketing and branding.
Also Read:- Pmegp Scheme
A key component in turning any disorganized group into an organized one is training. Grant recipients—both individuals and organizations—will go to training sessions to advance their professional development.
The National Institute for Food Technology Entrepreneurship and Management and the Indian Institute of Food Processing Technology are two national organizations that focus on capacity building and training. In collaboration with state-level technology institutes chosen by the state government, these two organizations conduct all mandatory training.
This program provides financial assistance for the expansion or technological modernization of food processing units to members and unorganized micro food processing units.
Seed Capital for SHGs
Members of SHGs involved in food processing can purchase small tools and working capital with the help of seed money provided by the PMFME scheme. The seed money will be supplied at the SHG federation level and will be loaned to the members via SHG.
The government will offer the following subsidies under the PMFME scheme:
The following entities are eligible for the PMFME scheme
For groups establishing shared infrastructure, the total eligible project cost cannot be more than Rs. 10 crore. The applying organization does not have any minimum turnover or experience requirements.
Under the Aatmanirbhar Bharat Abhiyan, the Ministry of Food Processing Industry (MoFPI) introduced the PMFME scheme. The program’s objective is to make currently operating micro businesses in the unorganized food processing industry more competitive.
Also Read:- Ayushman Bharat Yojana
The PMFME program accepts offline as well as online applications. To take advantage of the scheme’s benefits, you can choose from four different kinds of application forms. There are distinct forms for the FPC, cooperative societies, common infrastructure, and SHGs in the case of offline applications.
Here is the form for Farmer Producer Companies:
Take a look at the form applicable to Cooperative Societies:
Let us check out the form template for Common Infrastructure:
Please take a look at the application form for Self-Help Groups:
The procedure listed below should be followed if you would like to apply online for the PMFME scheme:
The sector of unorganized food processing benefits from the PMFME scheme. There are 25 lakh units in the unorganized food processing sectors. With the aid of this program, this industry will be able to overcome the obstacles of lacking institutional credit, training, modern technology and equipment, and much more, and develop into a prosperous sector that contributes to the improvement of the nation’s general state.
Q. What is the maximum limit for PMFME food processing?
Ans- 10 lakh per unit.
Q. What is the minimum turnover for Pmfme?
Ans- The scheme’s eligibility requirements for individual microenterprises are as follows: they must be currently operating micro food processing units with an investment cap of no more than Rs. 1 crore and a turnover cap of no more than Rs. 5 crore.
Suggested Link:- Mobile Number Tracker Online
@PAY
Gold Monetisation Scheme, The Indian government introduced the Gold Monetisation Scheme (GMS) in September 2015.…
Emergency Credit Line Guarantee Scheme, Prime Minister Narendra Modi led the Union Cabinet in approving…
SBI Annuity Scheme Calculator 2024, Through the Annuity Deposit Scheme offered by the State Bank…
PMGKY Scheme, The Indian government introduced a welfare program called PM Garib Kalyan Yojana (PMGKY).…
RD Scheme in Post Office, Post offices are now your key to wise financial planning…
CMEGP Scheme, The Maharashtra government has authorised the Chief Minister Employment Generation Programme (CMEGP), a…