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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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PMEGP Scheme

These Include:

1. Financial Support
Financial support 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 advance 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
Support is provided to Farmer Producer Organizations (FPOs), Self Help Groups (SHGs), and Producers Cooperatives across their entire value chain.

3. Training & Capacity Building
The scheme provides Training & Capacity-Building Support to improve skills and knowledge in the food sector.

4. Marketing Support
Marketing support is provided for integration with the organized supply chain and to help businesses grow.


Opportunity for Entrepreneurs

There are many people who have knowledge in the FOOD SECTOR but cannot start due to lack of money. By using this scheme, they can start and grow their businesses under the PMFME Scheme.

ELIGIBILITY FOR PMFME SCHEME:-

Eligibility for PMFME Scheme:

  • Applicant must be a resident of India.
  • Applicant must be above 18 years of age.
  • Only one person from a family will get this benefit.

Subsidy under PMFME Scheme:

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

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

Govt. Subsidy Schemes

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CATEGORIES

Agro based food processing

Mineral-based products

Automobile industry

Plastics and allied products

Cement and allied products

Surgical and medical industry

Computer and IT industry

Textiles and apparel

Forest-based products

Waste management

Handmade paper and fiber

Horticulture – Organic farming

Metal and alloy industry

Milk-based products

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