It is currently being implemented in 35 States and Union Territories (UTs).
Ministry: Ministry of Food Processing Industries (MoFPI).
Features of the PMFME
One District One Product (ODOP) Approach:
The States would identify food products for districts keeping in view the existing clusters and availability of raw material.
Other Focus Areas:
Waste to wealth products, minor forest products and Aspirational Districts.
Financial Support:
Existing individual micro food processing units desirous of upgrading their units can avail credit-linked capital subsidy at 35% of the eligible project cost with a maximum ceiling of Rs.10 lakh per unit.
Initial funding of Rs. 40,000- per Self Help Group (SHG) member would be provided for working capital and purchase of small tools.
Duration: 2020-21 to 2024-25.
It is a centrally sponsored scheme with an outlay of Rs. 10,000 crore.
It would be shared in 60:40 ratio between Central and State Governments, in 90:10 ratio with North Eastern and Himalayan States, 60:40 ratio with UTs with legislature and 100% by Centre for other UTs.
