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PM-FME Scheme

Focus: GS III- Agriculture

Why in News?

The Ministry of Food Processing Industries has signed an agreement with NAFED for developing 10 brands of selected 20 ODOPs under the branding and marketing component of the PMFME scheme.

About PM-FME Scheme:

Nodal: Ministry of Food Processing Industries(MOFPI). 

  • It is a centrally sponsored scheme.
  • Aim is to modernize and enhance the competitiveness of the existing individual micro enterprises and ensure their transition to formal sector 
  • To provide support to Farmer Producer Organizations, Self Help Groups, and Producers Cooperatives along their entire value chain. 
  • Duration: The PM-FME scheme will be implemented over a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 crore.  
  • Funding: The expenditure under the PM-FME scheme would be shared in 60:40 ratio between Central and State Governments, in 90:10 ratio with North Eastern and Himalayan States, 60:40 ratio with UTs with legislature and 100% by Centre for other UTs. 

Objectives

  • Increase in access to finance by micro food processing units.
  • Increase in revenues of target enterprises.
  • Enhanced compliance with food quality and safety standards.
  • Strengthening capacities of support systems.
  • Transition from the unorganized sector to the formal sector.
  • Special focus on women entrepreneurs and Aspirational districts.
  • Focus on minor forest produce in Tribal Districts.

Eligibility

  • Scheme is for All India basis.
  • Support to Individual micro units:
    • Micro enterprises will get credit linked subsidy @ 35% of the eligible project cost with ceiling of Rs.10 lakh.
    • Beneficiary contribution will be minimum 10% and balance from loan.
    • On-site skill training & Handholding for DPR and technical upgradation.
  • Support to FPOs/SHGs/Cooperatives:
    • Seed capital will be given to SHGs (@Rs. 4 lakh per SHG) for loan to members for working capital and small tools.
    • Grant for backward/ forward linkages, common infrastructure, packaging, marketing & branding.
    • Skill training & Handholding support.
    • Credit linked capital subsidy.

One District, One Product

One District, One Product aims to revive these traditional heritages by reviving them through modernization and publicization.

Objectives of the scheme:
  • Preservation and development of local crafts / skills and promotion of the art.
  • Increase in the incomes and local employment (resulting in decline in migration for employment).
  • Improvement in product quality and skill development.
  • Transforming the products in an artistic way (through packaging, branding)
  • To connect the production with tourism (Live demo and sales outlet – gifts and souvenir)
  • To resolve the issues of economic difference and regional imbalance
  • To take the concept of ODOP to national and international level after successful implementation at State level.
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August 2022
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