Ministry of Food Processing Industries (MoFPI) · Part B
Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
PMFME
Gives micro food processing units a 35% capital subsidy up to ₹10 lakh, plus training, seed capital for SHGs and incubation support.
Overview & Objective
Gives micro food processing units a 35% capital subsidy up to ₹10 lakh, plus training, seed capital for SHGs and incubation support.
Key Benefits & Funding
- Individual Units are provided with credit linked capital subsidy at 35% of the project cost with the maximum ceiling of ₹10 lakh per unit.
- FPOs and Producer Cooperatives are provided with 35% grant with credit linkage.
- SHGs are provided with seed capital of ₹40,000 per member for working capital and purchase of small tools.
- Support through incubation centres.
Eligibility Criteria
- Existing individual microentrepreneurs/micro units/ SHGs/ FPOs/ Individuals.
How to Apply
To know more: https://pmfme.mofpi.gov.in/pmfme/#/Login