Why in the news?
As of 31 October 2025, the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme has expanded rapidly nationwide.
Latest Achievements
- 1,62,744 loans sanctioned under credit-linked subsidy
- 3,65,935 SHG members approved for seed capital assistance
- Infrastructure support approvals:
- 101 Common Infrastructure Facility proposals
- 76 Incubation centers
- 27 proposals for Branding and Marketing support
Objective of PMFME
To formalize and enhance the competitiveness of micro food processing enterprises in India through:
- Credit support
- Skill development
- Market linkages
- Infrastructure and branding assistance
Features
- Promotes Atmanirbhar Bharat and food processing entrepreneurship
- Focus on women, SC/ST, and rural micro units
- Supports ODOP (One District One Product) approach for product specialization
- Capacity building through technical and entrepreneurial training
UPSC Notes
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| How does the National Rural Livelihood Mission seek to improve livelihood options of rural poor? (2012)
1. By setting up a large number of new manufacturing industries and agri-business centres in rural areas 2. By strengthening ‘Self-Help Groups’ and providing skill development 3. By supplying seeds, fertilizers, diesel pump-sets, and micro-irrigation equipment free of cost to farmers (a) 1 and 2 only (b) 2 only (c) 1 and 3 only (d) 1, 2 and 3 |
