Context:

The Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector, marks the completion of its one year.

PM FME Scheme

• Launched in June 2020, the PM FME Scheme is currently being implemented in 35 States and Union Territories.
• Under the One District One Product (ODOP) component of the PM FME Scheme, the Ministry of Food Processing Industry approved ODOP for 707 industries for 35 States and UTs.’

Objectives of the Scheme

• Capacity building of entrepreneurs through technical knowledge, skill training and hand holding support services.
• Increased access to credit to existing micro food processing entrepreneurs for technology upgradation.
• Support to Farmer Producer Organizations (FPOs), Self Help Groups (SHGs), Producers Cooperatives & Cooperative Societies along their entire value chain to enable microenterprises to avail common services
• Support for transition of existing enterprises into formal framework for registration under regulatory framework and compliance
• Integration with organized supply chain by strengthening branding & marketing.

Seed Capital

• Seed capital @ Rs 40,000/- per member of SHG for working capital and purchase of small tools would be provided under the scheme

Ministry of Food Processing Industry

• The Ministry is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India.
• Founded in: 1988.

One District One Product

• The Scheme adopts One District One Product (ODOP) approach to reap the benefi t of scale in terms of procurement of inputs, availing common services and marketing of products.