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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
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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
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The Ministry of Food Processing Industries (MoFPI) continues to implement the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme, aimed at supporting micro food processing enterprises in India through financial, technical, and business assistance. Through collaboration with State and UT Governments, the scheme has sanctioned loans to approximately 1.
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The Ministry of Food Processing Industries is spearheading the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme to enhance the competitiveness and formalization of micro-enterprises in the food processing sector. This initiative, free from qualification criteria for participants, has already sanctioned credit-linked subsidies to 1,62,744 units
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The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme has shown significant progress since its inception, with numerous initiatives aimed at enhancing the competitiveness of micro-food processing enterprises. As of October 31, 2025, the program has sanctioned 1,62,744 loans for credit-linked subsidies, approved seed capital for
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The Ministry of Food Processing Industries is driving the PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, aimed at enhancing the competitiveness and formalization of micro-enterprises. The scheme endorses the One District One Product (ODOP) approach to promote local foods and employs financial, technical, and business support measures to
World Food India 2025
Prime Minister Narendra Modi will participate in World Food India 2025 on September 25 at Bharat Mandapam, New Delhi. The event will showcase India's food processing strengths and provide over Rs 770 crore in credit support to 26,000 beneficiaries under the PMFME Scheme. The event will feature
Food Processing
The Ministry of Food Processing Industries (MoFPI) has supported the establishment of 1.44 lakh micro food processing units under the PM Formalization of Micro Food Processing Enterprises (PMFME) scheme, along with other initiatives like PMKSY and PLISFPI. These schemes provide financial and technical assistance to boost the MSME sector
PMFME Scheme
The Ministry of Food Processing Industries has sanctioned 1,44,517 loans under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, totaling Rs. 11,501.79 crore, as of June 30, 2025. The scheme aims to support micro food processing units and groups, with a significant increase
PMFME Scheme
The Ministry of Food Processing Industries is implementing the PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme under the Atmanirbhar Bharat Abhiyaan to support micro food processing enterprises in India. The scheme, operational from 2020-21 to 2025-26 with a budget of Rs. 10,000 Crore, aims to enhance competitiveness