Central Government's Pradhan Mantri Micro Food Processing Industry Upgradation Scheme
PMFME
The objective of Scheme is Creation/ Expansion of Food processing & Preservation capacities. Which includes Fruits & vegetables processing, Milk processing, Meat/Poultry/Fish processing, Ready to eat products, Bakery Products, Grain/Pulses, Oil seed milling, Other Agri-Horti Products.
Up to Rs.5 Cr Loan can be availed under this scheme.
Eligibility –
- Food processing unit required
- Minimum 50% loan required by nationalized bank
- Unit location required in food cluster /park
Subsidy
- 35% of Project cost
- 50% of Project cost in hilly areas
TOTAL – 30.32 Crores
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