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ABC Green Solutions Pvt. Ltd. received government funding of ₹6 lakhs • XYZ Growth Technologies Pvt. Ltd. received government funding of ₹20 lakhs • PQR Hospitality Ventures Pvt. Ltd. received government funding of ₹2.4 lakhs.

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PMFME Scheme

The scheme seeks to support Micro Food Processing Enterprises through a package of support and services. These include:

  1. Financial Support
    Financial assistance is provided for setting up a new food processing unit or for the upgradation of an existing unit. Under this scheme, people living in India who want to grow in the food sector, or those who already have a business and want to expand it, can apply and avail the benefits.
  2. Support to Organizations
    The scheme also provides support to Farmer Producer Organizations (FPOs), Self Help Groups (SHGs), and Producers Cooperatives across their entire value chain.
  3. Training & Capacity Building
    Training programs and capacity-building support are provided to improve skills and knowledge in the food processing sector.
  4. Marketing Support
    Marketing assistance is provided to help enterprises integrate with the organized supply chain.

There are many people who have talent and knowledge in the food sector, but due to lack of money they are unable to start something new. By taking advantage of this scheme, they can start and grow their businesses under the PMFME Scheme.

 
 

ELIGIBILITY FOR PMFME SCHEME:-

To apply under the PMFME Scheme, the applicant must fulfill the following conditions:

  • Applicant must be a resident of India.
  • Applicant must be above 18 years of age.
  • Only one person from a family can avail the benefit under this scheme.

Subsidy under PMFME Scheme

If you apply individually for the Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) Loan for industries:

  • Subsidy up to 35% will be provided.
  • Maximum subsidy amount can be up to ₹10 lakh.

Govt. Subsidy Schemes

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TYPES OF PRODUCT CETEGORY COVERED UNDER PMFME SCHEME:-

List of Various Products

Animal feed

Cashew Products

Confectionary Products

Indian traditional Sweets

Lemon based Products

Milk Based Product

Millets based products

Minor Forest Produce (MahuaJackfruit)

Multiple fruit processing

Mushroom based products

Olive products

Pulse based products

Ready to eat (Namkeen)

Rice based products

Soya bean Products

Spices and Pickle

Sugarcane based Products

Vegetable based Products

Walnut Products

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