PM FME Scheme Apply Online | PMFME Scheme Bank Login | PM FME Scheme Application Form | PMFME MIS Login
In order to formalize the unorganized segment of the food processing industry, the state and central government have jointly started the PM FME Scheme. Through this scheme the competitiveness of existing individual micro enterprises in the food processing industry will be promoted. With the help of this scheme of the Central Government, financial assistance will be provided to farmer producer organizations, self-help groups and producer cooperatives in the form of incentives. [Also Read – SC OBC Free Coaching Scheme: Registration at coaching.dosje.gov.in]
PM FME Scheme 2024
Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) is a centrally sponsored scheme, which has been started by the central government in collaboration with various state governments. Through this scheme, small micro food processing units in the unorganized sectors of the food processing industries are formalized. Under this scheme of the central government, credit linked subsidy is provided to about 200000 micro food processing units of the country. Through this scheme, financial assistance is also provided to individual units by the central government for the improvement of their food processing facilities.[Read More]
Overview of PM FME Scheme
| Scheme Name | PM FME Scheme |
| Launched By | Central Government |
| Year | 2024 |
| Beneficiaries | Citizens of India |
| Application Procedure | Online |
| Objective | To cover micro food processing unit with credit linked subsidy |
| Benefits | To provide an organized framework to micro food processing unit |
| Category | Central Government Schemes |
| Official Website | https://mofpi.nic.in/pmfme/ |
Objectives of PM FME Scheme
The main objective of PM FME Scheme 2024 launched by the Central Government is to formalize the micro units of food processing. Under this scheme, the government provides a credit linked subsidy to micro food processing enterprises, FPOs, self-help groups and cooperatives, with the help of which they upgrade their food processing facilities. The branding and marketing facility will be strengthened through this scheme, which will help in integrating the supply chain. The Ministry of Food Processing Industries is responsible for the smooth implementation of this scheme and a budget of Rs 10,000 crore has been allocated for a period of 5 years for the implementation of the scheme. [Also Read -Central Government Health Scheme (CGHS): Book Appointment, CGHS Card Renewal]
Expenditure Incurred in Implementing PM FME Scheme
The government will spend Rs 10000 crore over a period of five years for the successful implementation of this scheme. The expenditure incurred for implementing PM FME Scheme 2024 will be divided among the governments in these ratios, like
- In the ratio of 60:40 between the Central and State Governments.
- In the ratio of 90:10 with the North Eastern and Himalayan states.
- The ratio of legislatures with union territories is 60:40.
In addition, 100% will be shared by the Center for other states. This PM FME scheme has been launched in the year as a part of the self-reliant India campaign, and is working by adopting one district one product approach. The scheme will also provide credit-linked subsidy @ 35% on eligible product cost with a ceiling of Rs.10 lakh.
Benefits and Features of PM FME Scheme 2024
- PM FME Scheme is a centrally sponsored scheme which has been started by the central government in collaboration with various state governments.
- Under this scheme, about 2 lakh micro food processing units will be provided a credit linked subsidy by the central government.
- Through this scheme small micro food processing units are formalized in the unorganized sectors of the food processing industries.
- Under this scheme, Farmer Producer Organization, Self Help Group and Producer Cooperative Societies will be benefitted.
- The Ministry of Food Processing Industries is responsible for the smooth operation of this scheme.
- With the help of this central government scheme, financial assistance is also provided to individual units for upgradation of their food processing facilities.
- Under PM FME Scheme 2024, facilities for quality improvement, establishment of common and basic facilities and skill development training are provided through technical knowledge.
- The time period for the implementation of this scheme has been fixed for five years, which is applicable from 2020-21 to 2024-25.
- For the smooth implementation of this scheme, the government has allocated a budget of Rs 10000 crore.
- Branding and marketing support is also provided through the Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME).
Registration Statistics Under PM FME Scheme
| Total applications submitted | 18278 |
| Total ODOP applications submitted | 12543 |
| Total non ODOP applications submitted | 5724 |
| New Individual application submitted | 11754 |
| Existing individual application submitted | 6524 |
Support to Individual Micro Enterprise
The government is going to provide credit-linked capital subsidy at the rate of 35% on eligible product cost to individual micro food processing units under this scheme. The credit-linked capital subsidy available under PM FME Scheme 2024 will be provided with a maximum limit of Rs 10 lakh per unit. All the beneficiaries are obliged to contribute at least 10% of the project cost under this scheme, and the remaining amount will be provided as a loan from the bank. Apart from this, other facilities such as technical knowledge, skill training and support services will also be provided, so that the capacity building of micro food entrepreneurs will be done. [Also Read- Covishield Certificate Download at cowin.gov.in (COVID-19 Certificate)]
Components of PM FME Scheme 2024
- Support to individual and groups of micro enterprises
- Branding and marketing support
- Support for strengthening of institution
- Setting a progress project management framework
Implementation and Monitoring Mechanism Agencies under PM FME Scheme
- Committee on capacity building and research
- National Apex institutions
- State level technical Institution
- Inter ministerial committee
- Project executive committee
- State level approval committee
- The State nodal department
- State nodal department agency
- District level committee
- National program management unit
- State program management unit Resource persons
Eligibility Criteria of Individual Micro Enterprises
- The micro-enterprise should be in operation, and should be engaged in food processing activities.
- Only one person from the family can take advantage of this PM FME Scheme 2024, and the age of the applicant should be more than 18 years.
- Applicants must have passed at least 8th class then only he/she will be considered eligible to apply.
- Only proprietorship or partnership firms will be able to take advantage of PM FME Scheme, and they should have ownership rights of the enterprise.
- This enterprise must be incorporated, and must consist of at least 10 workers.
- The cost of land under the scheme should not be included in the cost of the project.
- Under the PM FME Scheme, the entrepreneur will have to contribute 10% of the project cost himself, and the rest will be available through loan from the bank.
- The cost of ready built along with a long lease or rental worksheet can be included under project cost for a maximum period of 3 years.
Required Documents for PM FME Scheme Application
- Aadhar card
- Proof of residence
- Certificate of incorporation
- Bank account
- Age certificate
- Passport size photograph
- Mobile number
Procedure to Apply under PM FME Scheme 2024
- First of all you have to go to the official website of the PM FME Scheme. Now the home page of the website will open in front of you.
- On the homepage of the website, you have to click on the option of online registration. After this a new page will be displayed on your screen.
- On this new page you have to click on the sign up option. Now the registration form will open in front of you.
- After this, you have to enter all the necessary information asked in this registration form, such as:- Beneficiary type, name, email id, mobile number, address, state, district details.
- Now you have to click on the Register option. After that you have to login to the portal.
- After that you have to click on your beneficiary type option. Now you have to enter your User ID and Password details.
- Now you have to click on the submit option. After that you have to click on the Apply Now option.
- An application form will be displayed on your screen, in which you will have to enter the details of all the required information asked.
- After this you have to upload all the required documents asked for. Now you have to click on the submit option, after which you can apply.
Procedure to Do Applicant Login
- First of all you have to go to the official website of the PM FME Scheme. Now the home page of the website will open in front of you.
- On the homepage of the website, you have to click on the login option. Now you have to click on the option of applicant login.
- After that, the login page will be displayed in front of you. Now you have to click on your beneficiary type option.
- Now you have to enter your User ID and Password details. After that you have to click on the submit option.
Procedure to login MIS in PM FME Scheme
- First of all you have to visit the official website of the PM FME Scheme. After this the homepage of the website will open in front of you.
- On the homepage of the website, you have to click on the login option. After that you have to click on MIS login.
- Now you have to enter your User ID and Password, and click on “Submit” button. You can do MIS login by following this procedure.
Contact Details
- Address- Panchsheel Bhawan, August Kranti Marg, Khelgaon, New Delhi-110049
- Phone: 011-26406500, +91 1302281089, +91-8168001500