State
Uttar Pradesh
-
October 6, 2020
PM Formalisation of Micro Food Processing Enterprises (PMFME)
Food Processing
Summary
PMFME assists micro food enterprises with a 35% credit-linked subsidy (max ₹10 Lakh). Beneficiaries contribute 10%, and bank loans cover the rest. Targeting individuals, SHGs, and FPOs, it funds machinery, civil works, and marketing to formalize the unorganized food sector.
Eligibility
- Individuals (proprietorship/partnership), FPOs, SHGs, NGOs, Co-ops, Pvt. Ltd. Companies.
- Existing or new micro-enterprises in food processing
- Unincorporated, employing <10 workers.
- Above 18 years, willing to contribute 10% & get a bank loan.
- Ownership rights required.
Documents
- Enterprise & Identity Documents
- Project & Land Documents
- Financial & Loan Documents
- Investment Proof (Subsidy Claim)
- Statutory & Sector-Specific Approvals
- Declarations & Supporting Forms
Note : For more details Click Here
Subsidy/Benefits
- 35% of eligible project cost, max ₹10 Lakh.
- Beneficiary Share: Minimum 10%.
- Bank Loan: Balance portion (through banks).
- Eligible Costs: Plant & machinery, technical civil works (max 30% of cost). Land cost excluded.
- Other Support: Seed capital for SHGs, Common Infrastructure, Branding/Marketing support, Capacity Building.
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