As part of Atmanirbhar Bharat Abhiyan, Ministry of Food Processing Industries (MoFPI) is implementing a centrally sponsored PM formalisation of micro food processing enterprises (PMFME) scheme for providing financial, technical and business support for setting up / upgradation of micro food processing enterprises in the country. The scheme is operational for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 crore for supporting 2 lakh micro food processing enterprises.

To promote the local products in the food processing sector, the PMFME scheme primarily adopts One District One Product (ODOP) approach to reap the benefit of scale in terms of procurement of inputs, availing common services and marketing of products. It provides the framework for value chain development and alignment of support infrastructure. Further, under Branding and Marketing component of the Scheme, support is provided to FPOs (Farmer Producer Organisations)/ Self-Help Groups (SHGs) / Cooperatives or Special Purpose Vehicle (SPV) of ODOP based micro food processing enterprises for Market Study and Product Standardisation, Packaging Material, Quality Control and food safety adherence for consumer retail sales, Warehousing and Storage Rentals, Marketing and Promotion.

Under the credit linked subsidy component of the PMFME scheme, 62,282 loans have been sanctioned till date including 61,796 individual beneficiaries, 34 Farmers Producers Organisations (FPOs), 433 Self Help Groups (SHGs) and 19 Producer Co-operative Societies