PM FME

Prime Minister Formalisation of Micro Food Processing Enterprises (PM FME)

Ministry of Food Processing Industries (MoFPI), in partnership with the State/ UT Governments, has launched an all India Centrally Sponsored PM Formalisation of Micro food processing Enterprises Scheme (PM FME Scheme) for providing financial, technical and business support for upgradation of existing micro food processing enterprises.

Objectives

The objectives of scheme are to build capability of microenterprises to enable:

  • Increased access to credit by existing micro food processing entrepreneurs, FPOs, Self Help Groups and Co-operatives;
  • Integration with organized supply chain by strengthening branding & marketing;
  • Support for transition of existing 2,00,000 enterprises into formal framework;
  • Increased access to common services like common processing facility, laboratories, storage, packaging, marketing and incubation services;
  • Strengthening of institutions, research and training in the food processing sector; and vi) Increased access for the enterprises, to professional and technical support.

Support to Individual Micro Enterprises

Individual micro food processing units would be provided credit-linked capital subsidy @35% of the eligible project cost with a maximum ceiling of Rs.10.0 lakh per unit. Beneficiary contribution should be minimum of 10% of the project cost with balance being loan from Bank.

Group Category

The Scheme would support clusters and groups such as FPOs/SHGs/ producer cooperatives along their entire value chain for sorting, grading, assaying, storage, common processing, packaging, marketing, processing of agri-produce, and testing laboratories.

For detail Guideline please visit the following website :

https://mofpi.nic.in/pmfme/

State Level Implementation :

  • Implementing Agency : The Directorate of Industries & Commerce, Government of Tripura
  • Nodal Officer : The Director, Industries & Commerce
  • State Level Approval Committee (SLAC) constituted headed by the Chief Secretary.
  • District Level Committee (DLC) constituted for each District headed by the DM & Collector.

Function and responsibility of State Level Approval Committee (SLAC) :

  • The State Level Approval Committee would be responsible for approval of the following:
  • Surveys/Studies;
  • Project Implementation Plan (PIP) submitted by State Nodal Agency (SNA);
  • Capacity building activities of State and District officials;
  • Training and skill development calendars for State Level agencies, Enterprises:
  • Strengthening of State Institutions:
  • Subsidy proposals for groups for recommending to Ministry of Food Processing Industries (MoFPI);
  • Proposals for provision of Common Facilities, Groups and marketing & branding;
  • Seed Capital to Groups ;
  • The SLAC will have power to sanction project expenditure up to Rs.10 lakh on various activities included in the PIP;
  • Apart from the above approvals, the SLAC would also undertake the following activities :
  • Set monthly targets for the scheme in line with the overall scheme targets;
  • Monitor the progress of the scheme through the portal;
  • Ensure synergy with other relevant organizations;
  • Ensure inspection of Units/CFC funded under the scheme.

Function and responsibility of District Level Committee (DLC) :

The DLC would be responsible for the following :

  • Approvals of applications for loan and subsidy to individual micro enterprises;
  • To recommend applications for common infrastructures and Groups to State Nodal Agency i.e Directorate of Industries & Commerce;
  • Monitor handholding support being rendered to micro enterprises by District Resource Persons;
  • Monitor the progress of the scheme through the portal and through effective Dashboard monitoring;
  • Ensure synergy with all relevant organizations;

 

  1. Apply online: https://pmfme.mofpi.gov.in/pmfme/#/Login