PM-FME Food Processing Scheme
PM-FME scheme offers 35% credit-linked capital subsidy up to ₹10 Lakhs for upgrading and setting up micro food processing units under the One District One Product (ODOP) initiative.
PM-FME: Transforming Micro Food Enterprises
The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM-FME) scheme is an Atmanirbhar Bharat initiative by the Ministry of Food Processing Industries (MoFPI) with an outlay of ₹10,000 Crore to support 200,000 unorganized micro food enterprises across India.
Key Benefits & Financial Assistance: 1. Credit-Linked Capital Subsidy for Individuals:
- 35% of eligible project cost with a ceiling of ₹10 Lakhs per enterprise.
- Beneficiary contribution is only 10% of total project cost; the balance is financed through commercial bank loans.
- Support to Farmer Producer Organizations (FPOs) & Cooperatives:
- 35% capital subsidy up to ₹3 Crore for common infrastructure, grading/sorting lines, testing laboratories, and cold storage facilities.
- Seed Capital for Self-Help Group (SHG) Members:
- ₹40,000 per SHG member as working capital and small tool purchase assistance.
- Branding and Marketing Support:
- Up to 50% financial assistance for branding, packaging design, FSSAI licensing, barcode implementation, and supermarket listing.
Priority for One District One Product (ODOP): The scheme adopts the ODOP approach to reap the benefit of scale in procurement of inputs, shared services, and marketing of products (e.g. Mango in Ratnagiri, Turmeric in Nizamabad, Banana in Jalgaon, Makhana in Darbhanga).
Required Documents: - Aadhaar Card, PAN Card, Residence Proof. - Electricity Bill / Land Ownership proof of proposed facility. - Detailed Project Report (DPR) prepared with the assistance of a District Resource Person (DRP). - Quotations for food processing machinery from BIS/ISO certified vendors.
Apply online at the official MoFPI portal: pmfme.mofpi.gov.in.