New Delhi: The centrally sponsored Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme was launched on 29th June, 2020 by the Ministry of Food Processing Industries, Government of India under the Aatmanirbhar Bharat Abhiyan. The scheme has completed two years and a journey that started with the zest to empower the unorganized Micro Enterprises continues to fulfill the aim of formalising the food processing sector and celebrating their tremendous support towards the economy, has borne good results for the sector.
Envisioning enhancement of the existing individual micro-enterprises in the unorganized segment of the food processing industry and formalization of the sector, the PMFME Scheme is currently being implemented in 35 States and Union Territories. Under the scheme, the submission process for the applicants to apply for the credit-linked subsidy is done through the online portal (www.pmfme.mofpi.gov.in). Nearly 50,000 applicants have registered on the portal and more than 25,000 applications have been successfully submitted so far.
The Ministry of Food Processing Industries signed Joint Letters with Ministry of Rural Development (MoRD), Ministry of Tribal Affairs (MoTA) and Ministry of Housing and Urban Affairs (MoHUA) and MoUs with Indian Council of Agriculture Research (ICAR), National Cooperative Development Corporation (NCDC), Tribal Co-operative Marketing Development Federation of India (TRIFED), National Agricultural Cooperative Marketing Federation of India (NAFED), National Scheduled Castes Finance and Development Corporation (NSFDC), National Scheduled Tribes Finance and Development Corporation (NSTFDC), Food Safety and Standards Authority of India (FSSAI) and Department of Animal Husbandry and Dairying (DAHD). An agreement has been signed with the Union Bank of India as the Nodal Bank for the PMFME Scheme and MoUs have been signed with 15 banks as official lending partners for the scheme.