Progress and Challenges of the PMFME Scheme in India

The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, launched in June 2020, aims to support micro food processing enterprises in India, largely operating in the informal sector. This government initiative seeks to overcome challenges like lack of access to credit, technology, market links, and capacity building. Despite the scheme's demand-driven nature, attracting sufficient applications and securing bank sanctions are key challenges. Detailed Project Reports (DPRs) and District Resource Persons aid applicants in the application process, while various training programs improve project approval rates. The scheme also supports the development of Common Facility Centres and Incubation Centres to bolster the sector's infrastructure. Regular reviews and collaborations with technical institutions ensure continuous improvement and adaptation of training content to align with emerging technologies.

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