Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme
The PMFME Scheme, an initiative under the Aatmanirbhar Bharat Abhiyan, is designed to support micro food processing enterprises in India. This scheme aims to enhance the competitiveness of existing individual micro-enterprises and promote the formalization of the sector.
Key Features of the PMFME Scheme
One District One Product
The scheme promotes local and specialized products through the ODOP approach, encouraging farmers and food processors to capitalize on their region's unique strengths.
Financial Support
Micro food processing units can avail of credit-linked subsidies for capital investments. The scheme provides a 35% subsidy for the project cost, with a cap of ₹10 lakhs per unit.
Technical Assistance and Training
Beneficiaries receive skill training, capacity building, and business development support to enhance their technical know-how and processing capabilities.
Eligibility for PMFME Scheme
Benefits of the PMFME Scheme
The scheme helps in availing credit from recognized financial institutions, improving access to formal finance channels.
Receive a 35% subsidy on eligible capital investment, up to ₹10 lakhs.
Through this scheme, micro food processing enterprises can scale their operations and explore new markets.
- Our team offers complete documentation assistance, including preparing a Detailed Project Report (DPR), Loan Agreement Format, and other essential documents for scheme applications.
Required Documents for PMFME Scheme
Aadhaar Card and PAN Card
Aadhaar provides identity verification, while PAN establishes your financial identity. Both are essential for the application and business transactions.
Business Loan Documents List
This list includes all necessary documents related to existing or proposed business loans, helping assess your financial standing and eligibility for scheme benefits.
Company Registration Certificate
The company registration certificate proves the legal status of your enterprise, confirming its eligibility for the PMFME scheme's financial and technical assistance.
Detailed Project Report (DPR)
The DPR outlines your business plan, projected financials, and market strategy. It’s a key document that helps authorities evaluate the viability of your project.
Contact us!
For detailed guidance on the PMFME Scheme, including preparing your application, loan documentation, or project report preparation, reach out to us. We assist entrepreneurs and FPCs/FPOs in navigating the application process with ease, ensuring compliance with all required formalities.