PMFME Scheme (Prime Minister Formalisation
of Micro Food Processing Enterprises Scheme)
Prelims:
Economy,
Agriculture, Government Schemes
Mains:
GS Paper
II-Government Policies & Interventions, GS Paper III Agriculture, Economy,
Inclusive Growth
Current
relevance:
The Ministry of Food Processing
Industries (MoFPI) has announced that the Pradhan Mantri Formalisation
of Micro Food Processing Enterprises (PMFME) Scheme has achieved a major
milestone by sanctioning loans to more than two lakh micro food
processing enterprises across the country.
Highlights:
Highlights:
1. PMFMPE is a Centrally
Sponsored Scheme by the Ministry of Food Processing Industries. Designed
to address the challenges faced by the micro-enterprises and to tap the
potential of groups and cooperatives in supporting the upgradation and
formalization of these enterprises.
2. Beneficiaries: Individuals, Farmer Producer
Organizations (FPOs), Self Help Groups (SHGs), and Producers Cooperatives along
their entire value chain.
3. To build the capability of
microenterprises to enable:
i.
Increased
access to credit
Achieved:
·
Sanction
of loans to more than two lakh+ beneficiaries
·
90
percent of
beneficiaries are first-generation entrepreneurs and 44 percent
are women entrepreneurs
ii.
Integration
with an organized supply chain by strengthening branding & marketing.
Achieved:
·
Scheme
calls for One District One Product (ODOP) approach .
·
Under
this scheme, support for 40 common brands covering nearly 200
products, through which PMFME is building local value chains around
products such as Makhana, millets, spices and GI-tagged products across
the country.
iii.
Support
for the transition of existing 2,00,000 enterprises into a formal framework.
Achieved:
·
Over
75,000 PMFME-supported enterprises have entered the formal economy through
registrations such as Udyam Aadhaar, Udyam Assist, FSSAI and GST.
·
Under
this scheme, there is Support for Self-Help Groups (SHGs) known as
Seed capital:
·
Provision:
Seed capital Rs40,000/-
per member of SHG for working capital and purchase of small tools would be
provided under the scheme.
4. Increased access to common
services like common processing facilities, laboratories, storage, packaging,
marketing, and incubation services.
5. Strengthening of institutions,
research, and training in the food processing sector; and
6.
Increased
access for the enterprises, to professional and technical support.
source:
PIB - https://www.pib.gov.in/PressReleasePage.aspx?PRID=2283606®=48&lang=1