PM Formalization of Micro Food Processing Enterprises (PM FME) Scheme

The PM FME has been launched as an extension of the ideology of Prime Minister’s Atma Nirbhar Bharat Abhigyan by The Ministry of Food Processing Industries.

Aim

This Scheme is multifaceted and will be implemented to organize the micro food processing units, to provide access to the credit facility, subsidies as well as introduce new technology, impart skill training, to integrate food supply chain and to create employment for workers.

Details of the Scheme

  • There are micro food processing units all over the country including 25 lac unregistered units. This scheme aims to integrate and organize the micro-units in rural and urban areas.
  • These units do not necessarily conform to health safety standards for lack of awareness and training. The aim of the scheme is also to provide for this lack.
  • To market the products according to the One District One Product (ODOP) plan.
  • To  provide 35% subsidy on product cost ,upto Rs10,000.
  • To make available loans for the project where only 10% cost has to be borne by the Units.
  • To bring new technology to these units to upgrade the experience of food processing.
  • To provide loans, and grant facility to SHGs and FPOs.
  • The expenditure of the Scheme would be shared by Central and State Govt in 60:40
  • At least 2 Lac Units would be presented with credit facility and subsidy support.

      Implementation Plan

  • The implementation of the scheme will be done in 5 years,from 2020-21 to 2024-25.
  • Inter-Ministerial Empowered Committee (IMEC) would be responsible for monitoring the implementation of the Scheme
  • The creation of an IT portal not only for dissemination of information related to the scheme and but also for providing a platform for beneficiaries to participate and apply for the scheme as well.

Similar Yojanas

Prime minister-launched schemes in India

Over the years of Indian Politics, many prime ministers have implemented schemes and welfare initiatives. These schemes are mainly funded by the central government of India and also by the state governments. Atal Bihari Vajpayee, Manmohan Singh, Rajiv Gandhi, and Narendra Modi have worked for the betterment of society.

One unique aspect of the schemes is their catchy names, such as Swachh Bharat Mission and Smart Cities Mission. The names have much more attention from masses. The government of India under the influence of prime ministers has doubled many of its flagship schemes and programs. Recently, on May 31, 2019, the government declared to extend PM Kisan Samman Nidhi. The scheme was originally available to only some categories of farmers; it has now been made available to all farmers in the country. Under this scheme, farmers are annually paid Rs. 6,000 in three installments. Over 145 million people would be benefitted from this. Launched by September 2018, PM Jan Arogya Yojana would be targeting 107 million people. New Jal Shakti Ministry has been announced with the aim of availing piped water to all Indian families by 2024. Schemes have also been launched for better skill-training activities and entrepreneurship, such as Skill India Mission and Make in India Mission. The National Rural Employment Guarantee Act was launched in 2005 for social security purposes, promising livelihood and employment to rural areas.

There are many pension-related schemes for our country’s farmers, traders, and entrepreneurs. Startup India is one of the flagship initiatives launched for strengthening startup culture and professional ecosystem. While prime ministers-launched schemes have done the best to fix agricultural crisis, employment and investment are expected to be next on the government’s agenda.