The Prime Minister-Formalisation of Micro Food Processing Enterprises (PM-FME) scheme, aimed at promoting ‘vocal for local’ in the sector, under the Atmanirbhar Bharat Abhiyan, was launched in June 2020 to support 2 lakh micro food processing units with credit linked subsidy with a total outlay of Rs. 10,000crores over the period 2020-2025.
Objective: The Scheme 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.
