PM Formalisation of Micro Food Processing Enterprises (PMFME)

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.

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. 1

   Register on the PMFME portal and apply with a project proposal

2. 2

   Get the loan sanctioned by a lending bank

3. 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