Updated By: LatestGKGS Desk
PM FME- Formalization of Micro Food Processing Enterprises Scheme details objective
PM FME-Formalization of Micro Food Processing Enterprises Scheme: Launch,Objectives and Partners of Scheme
PM Formalization was launched under the Ministry of Food Processing Industries(MoFPI) on 29th June 2020.
This Scheme aims to provide financial,technical and business support to upgrade existing micro food processing enterprises.
It is a part of Atmanirbhar Bharat Abhiyan.Rs.10000 Crore has been allocated for the benefit of two lakh micro food processing enterprises.
Objectives of PM-FME Scheme
*Capacity Building of Micro Food entreprenuers.
*Enable microenterprises to avail services through Farmer Producer Oragnizations (FPOs),Self Help Groups (SHGs),Producers Cooperatives & Cooperative
Societies .
*Strengthening of Branding and marketing.
*Technology up-gradation of the existing micro food processing enterprises.
Partner Institutions of PM-FME
*TRIFED
*National Scheduled Caste Development Finance Corporation
*National Cooperative Development Corporation (NCDC)
*Small Farmers Agri-Business Cosortium
*National Rural Livelihood Mission