PMFME (Prime Minister Formalization of Micro Food Processing Enterprises)

Subsidy Available: 35% on projects for 40 food processing industries. Eligibility: Micro food processing units, including those involved in rice mills, oil processing, dairy products, etc. Project Details: The scheme provides subsidies to food processors to formalize and grow their enterprises. It also includes credit-linked grants and focuses on building processing capacity in rural areas. Objective: To encourage local entrepreneurs to scale up their food processing units and reach larger markets. Benefits: Up to ₹10 lakh of assistance for infrastructure, marketing, and branding.