Launched on 29th June 2020, PMFMPE is a Centrally Sponsored Scheme by the MoFPI, designed to address the challenges faced by the micro enterprises and to tap the potential of groups and cooperatives in supporting the upgradation and formalization of these enterprises.
Central Government | subsidy | business
Credit-linked capital subsidy at 35% of project cost with maximum ceiling of ₹10 lakh per unit for individuals, seed capital of ₹40,000 per SHG member, and various grants for FPOs/cooperatives
Administered by Ministry of Food Processing Industries
Eligible categories: General
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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.