PMFME

1. Operative Period

• Launch Year: June 2020
• Duration: 5 years (2020-21 to 2024-25)
• Implementing Ministry: Ministry of Food Processing Industries (MoFPI)

2. Eligibility Criteria

• Individual micro food processing enterprises, FPOs (Farmer Producer Organizations), SHGs (Self-Help Groups), and cooperatives are eligible.
• Must be an existing micro-enterprise involved in food processing.
• Priority is given to enterprises engaged in One District One Product (ODOP) processing.
• The enterprise must comply with FSSAI (Food Safety and Standards Authority of India) regulations and must be registered.
• The applicant must contribute at least 10% of the total project cost.

3. Subsidies & Financial Assistance

• Credit-Linked Capital Subsidy: 35% of the eligible project cost, up to a maximum of ₹10 lakh per unit.
• Seed Capital: ₹40,000 per SHG member for working capital and purchase of tools.
• Interest Subvention: SHGs engaged in food processing can avail interest subvention of 2% on loans.
• Training & Skill Development: Technical upskilling, branding, and marketing support are provided.