luckpandaScheme or incentive
PM Formalisation of Micro Food Processing Enterprises (PMFME)
Credit-linked capital subsidy of 35% (capped at Rs 10 lakh) for micro food-processing units, plus seed capital for SHGs, common infrastructure for FPOs/cooperatives, and ODOP (One District One Product) branding/marketing.
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Definition
Credit-linked capital subsidy of 35% (capped at Rs 10 lakh) for micro food-processing units, plus seed capital for SHGs, common infrastructure for FPOs/cooperatives, and ODOP (One District One Product) branding/marketing.
- SourcePMFME Scheme Guidelines, June 2020 (revised 2023) · Para 5 (Individual unit support)
pmfme.mofpi.gov.in
Benefit
- Type
- capex subsidy
- What you get
- 35% credit-linked capital subsidy capped at Rs 10 lakh per unit; SHGs get Rs 40k seed capital per member.
- Administered by
- Ministry of Food Processing Industries (MoFPI)
- Apply
- pmfme.mofpi.gov.in
Eligibility conditions
ODOP component is district-driven — applicants must match district's notified product. State Nodal Agencies handle approvals.
sectors=food_processing, dairy_farming, fisheries, agriculture, anystates=anymsme=micro
Citations
- SourcePMFME Scheme Guidelines, June 2020 (revised 2023) · Para 5 (Individual unit support)
pmfme.mofpi.gov.in