PM Formalisation of Micro Food Processing Enterprises (PMFME)
पीएम फॉर्मलाइजेशन ऑफ माइक्रो फूड प्रोसेसिंग एंटरप्राइजेज (PMFME)
Ministry / Dept: Ministry of Food Processing Industries (MoFPI) • Agency: State Nodal Agencies / Banks / MOFPI
📋 Scheme Objective & Overview
Financial, technical, and business support for upgrading and formalising micro food processing units under the 'One District One Product' (ODOP) framework.
💰 Key Financial Benefits & Subsidy Details
- ✓35% credit-linked capital subsidy with ceiling of ₹10 Lakhs for individual units.
- ✓Seed capital of ₹40,000 per SHG member for working capital and small tool purchases.
- ✓Grant of 35% for Common Infrastructure & Incubation centres set up by FPOs/SHGs.
- ✓50% subsidy for branding, packaging, and marketing support.
🎯 Who is Eligible? (Eligibility Criteria)
- •Existing or new micro food processing unit (ODOP products given priority).
- •Individual enterprises, Self Help Groups, FPOs, and Producer Cooperatives.
- •Ownership status: Sole proprietorship, partnership, or private limited.
- •Applicant must be above 18 years of age with 10% own contribution.
Age Requirement: 18 to 65 years.
Education Qualification: 8th standard pass preferred
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (PM Formalisation of Micro Food Processing Enterprises (PMFME))
What is the maximum loan limit under PM Formalisation of Micro Food Processing Enterprises (PMFME)?
Eligible applicants can avail up to Up to ₹50 Lakhs Project Cost (Subsidy capped at ₹10 Lakhs) in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides 35% Credit-Linked Capital Subsidy (Maximum ₹10 Lakhs per micro food enterprise) credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
Eligible for CGTMSE collateral-free coverage.
Ready to apply for PM Formalisation of Micro Food Processing Enterprises (PMFME)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 1800-111-555 / 011-26492214
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