PMFME - PM Formalization of Micro Food Processing Enterprises

Overview

PM Formalization of Micro Food Processing Enterprises (PMFME) is a centrally sponsored scheme that aims to enhance the competitiveness of individual micro-enterprises in the unorganized segment of the food processing industry.

Key Features

• Credit linked subsidy: 35% of eligible project cost
• Maximum loan amount: ₹10 Lakh
• Focus on food processing enterprises
• Support for branding and marketing

Eligible Activities

• Manufacturing, processing, preservation of food products
• Dairy products, meat processing, fish processing
• Fruits and vegetable processing
• Spice processing, grain milling