Highlights
- PM Formalization of Micro Food Processing Enterprises Scheme benefits are:
- Subsidised Financial Assistance to individual micro enterprises, FPOs, SHGs and Cooperatives.
- Credit Linked Subsidy to Established or proposed to establish units.
- Get support in marketing and brand building.
- Help to improve infrastructure.
- Provide Seed Capital to SHG.
Website
Customer Care
- PMFME Scheme helpline: 9254997101, 9254997102, 9254997103, 9254997104 & 9254997105
- PMFME Scheme Helpdesk: support-pmfme@mofpi.gov.in
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Overview of the Scheme
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| Name of the Scheme | PMFME Scheme |
| Launch Year | 2020 |
| Benefits | Financial Assistance, Branding, and Marketing Support |
| Beneficiary | Any Individual, SHGs, FPOs, Cooperative, Partnership firms, NGO, Pvt Ltd companies |
| Nodal Department | Ministry of Commerce and Industry |
| Subscription | Subscribe here to get Update Regarding Scheme |
| Mode of Apply | Beneficiary may submit PMFME Application through Online |
Introduction
- In India there are 25 lakhs unorganised food processing units, contributing to at least 74% of the employment in this sector.
- At least 66% of these unit are operational in rural areas and mostly fall under the category of micro enterprises
- Such unit are not only supporting livelihood in rural households but also minimizing their migration to urban areas.
- Over the years, the government has identified that these units are facing numerous challenges, including infrastructure, installation of new tools, marketing, and obtaining financial assistance.
- Seeking this, the Ministry of Food Processing Enterprises Industries (MoFPI) has introduced the PM Formalisation of Micro Food Processing Enterprise scheme (PMFME) in 2020.
- With the help of this scheme, the government aims to provide benefits like:
- Subsidised Financial Assistance,
- Help them to build their brand,
- Support in marketing,
- To improve infrastructure of the established units,
- Each member of Self Help Group will get a seed capital worth Rs 40,000.
- Support to food processing unit
- Capacity building and research
- To promote the local products they adopt the One District One Product (ONDP) approach.
- For implementation of this centrally sponsored scheme, the government outlay a sum of Rs 10,000 Cr for a duration of 2020-21 to 2024-25.
- Individual, Self Help Groups, farmer producer organisation, Partnership firms, proprietor, NGO and Pvt. Ltd companies are its prime beneficiaries.
- These beneficiaries may submit their PMFME application online from MoFPI website.
- Since its announcement the PMFME scheme has received a overwhelming response from the beneficiary
- As of now, 238757 applications are submitted from individuals, groups and common infra.
- From the received applications 80343 loan has been sanctioned and 61305 applicants loan is disbursed.
Benefits of Scheme
- Existing Micro Food Processing Enterprises will get the following benefits of PMFME Scheme:
- Financial assistance will be provided to;
- Individual Micro Enterprises
- Farmers Producers Organisation/Self Help Groups/ Cooperative
- FPOs/SHGs/Cooperatives will get a 50% grant for branding and marketing support, so that they can promote their existing brand to the market.
- SHGs may avail of a seed capital of Rs. 40,000 per member and up to 4 lakhs for small tools.
- Established or Proposed to establish group of FPOs/FPCs/Cooperative/SHGs may avail a credit linked subsidy for their infrastructure @35% (maximum 3 Cr) of the eligible project cost.
Eligibility Criteria
- PM Formalization of Micro Food Processing Enterprises Scheme beneficiary are individual, FPOs/SHGs/cooperative, State Owned Agencies, and Private Entrepreneurs.
- Each beneficiary have different eligibility criteria whose details are given as:
- Must have an existing Food Processing Unit in Operations.
| Beneficiary | Criteria |
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| Individual Micro Enterprises |
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| Co-Operative/FPOs |
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| SHGs |
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Documents Required
- Aadhaar Card
- PAN Card
- Utility Bills
- Udhyam Registration Certificate
- Business Registration Certificate
- GSTIN Registration Certificate
- Last financial years of GST Returns
- Bank statement details
- Academic Details
- Loan Statement (If any)
- Business Partnership Agreement (If any)
- Audited balance sheet
- Photo of Existing Unit
How to apply
- Eligible beneficiary may submit PMFME Scheme application online through the MOFPI website.
- To start the application procedure, applicants need to first register on the portal.
- Those who have already registered may proceed by logging in with their registration details.
- Applicants may easily find the PMFME "New Registration" link on the website home page, located under the dropdown menu of Login tab.
- During registration, the applicants need to furnish their details as asked.
- Upon successful registration, the applicants will receive their login details.
- Using the generated details you can easily login to the portal.
- Once logged in successfully, applicants need to select the type of application they wish to submit.
- Afterwards, you have to provide the related details.
- After submitting all essential and mandatory details, its time to upload the requisite documents.
- Before final submission, ensure that all details are correct.
- Upon submission, a confirmation message will be sent via email on your registered email ID.
- You can also track the PMFME application status online through the MOFPI Website.
Important Link
Contact Details
- PMFME Scheme helpline: 9254997101, 9254997102, 9254997103, 9254997104 & 9254997105
- PMFME Scheme Helpdesk: support-pmfme@mofpi.gov.in
- Panchsheel Bhawan, August Kranti Marg
Khelgaon, New Delhi-110049
Ministry
| Person Type | Govt |
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