July 1, 2022 1:19 PM

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Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme completes two years

<span style="color: #222222;">The Pradhan Mantri Formalisation of Micro Food Processing Enterprises, PMFME Scheme, under Aatmanirbhar Bharat Abhiyan, has completed two years. Ministry of Food Processing Industries in a statement today said that the PMFME Scheme is currently being implemented in 35 States and Union Territories, envisioning enhancement of the existing individual micro-enterprises in the unorganized segment of the food processing industry and formalization of the sector. It said that this scheme also envisages financial support of 40 thousand rupees for working capital and purchase of small tools for each member of the Self-Help Group (SHG) engaged in food processing activities. Over one lakh SHG members have been identified and the seed capital amount of 203 crore rupees has been released so far.</span><br />

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