THE MINISTER OF STATE FOR FOOD PROCESSING INDUSTRIES
(SHRI PRAHLAD SINGH PATEL)
(a): Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector umbrella scheme- Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2016-17 for overall growth and development of food processing sector including setting up of new Food Processing Industries across the country. MoFPI is also implementing centrally sponsored "PM Formalization of Micro Food Processing Enterprises (PMFME) Scheme" for providing financial, technical and business support for upgradation/ setting up of two lakh micro food processing units in a period of five years from 2020-21 to 2024-25 with an outlay of Rs. 10,000 crores.
(b): Ministry provides credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up/ expansion of food processing units under component scheme “Creation /Expansion of Food Processing & Preservation Capacities scheme” and for setting up of micro food processing units under PMFME scheme. Details are placed at Annexure I.
(c): Details of projects approved under component schemes of PMKSY in the state of Maharashtra is placed at Annexure II.
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