Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME)

In simple words

A central scheme that may give a credit linked subsidy to existing micro food processing units, and seed capital to SHG members in food processing.

What you may get

Credit linked capital subsidy of 35% of the eligible project cost, up to Rs 10 lakh per unit. Seed capital of Rs 40,000 per SHG member for working capital and small tools may be given through the SHG federation.

Who it is for

Existing micro food processing units run as proprietary or partnership firms, and SHGs and cooperatives in food processing.

Main eligibility conditions

• Existing unit in operation, unincorporated, with fewer than 10 workers.
• Owner above 18 years and at least class 8 pass.
• Owner pays at least 10% of project cost and the rest is a bank loan.
• One person per family.

Conditions we could not check

• The unit should be an existing, unincorporated micro food processing unit employing fewer than 10 workers, run as a proprietary or partnership firm, and the owner should be at least class 8 pass.
• Only one person from a family may get assistance. Family means self, spouse and children.
• The scheme period in the guidelines is 2020-21 to 2025-26. Check the portal whether it is open now.

Who may not qualify

• The cost of land cannot be included in the project cost.

Documents you may need

We could not confirm a document list. Check the official source.

How to apply

1. Read the guidelines and the PMFME portal.
2. Units are identified and helped by resource persons and the State Nodal Agency. Ask your district or State Nodal Agency.

Detailed application steps could not be confirmed. Open the official source below.

Application fee

We could not confirm an application fee.

Application dates

• Current deadline could not be confirmed. Check the official source.