PM Formalisation of Micro Food Processing Enterprises (PMFME)
Ministry of Food Processing Industries
Why it matters
Turn your produce into a value-added product: 35% credit-linked subsidy (up to Rs 10 lakh), plus seed capital for SHG members and branding support.
Launched
29 Jun 2020
Valid until
Ongoing
Benefit type
Loan / Credit
Created by
Government of India
What you get
A 35% credit-linked capital subsidy (max Rs 10 lakh) for micro food processing units, seed capital for SHG members, and support for branding, marketing and common infrastructure.
Eligibility criteria
- Individual micro food processing entrepreneurs
- FPOs, SHGs and producer cooperatives
- One-district-one-product focus encouraged
How to apply
- 1
Register on the PMFME portal and apply with a project proposal
- 2
Get the loan sanctioned by a lending bank
- 3
Subsidy is credited to the loan account after the unit is set up
Documents required
- Aadhaar
- Bank account details
- Project report
- Business / unit documents
AgriBoz is a private platform. We are not a government entity and are not affiliated with, endorsed by, or authorised by any government department. Scheme information here is compiled for awareness only and can change — always verify it on the official government source linked with each scheme, and apply through the official portal. We do not guarantee scheme approval or benefits. See the complete list of official government sources.