PMFME Scheme: Boosting Micro Food Processing in India

The Ministry of Food Processing Industries has launched the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme, providing financial, technical, and business support for enhancing micro food processing units in India. The scheme offers up to 35% credit-linked subsidy, infrastructure support, and capacity building to two lakh enterprises, aiming to formalize units and support economic growth across the country with a budget of Rs. 10,000 crore from 2020-21 to 2025-26.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link