Ministry of Food processing industry launches FME scheme

Ministry of food processing industries has launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme named as ‘Sapno Ki Udaan’ in a virtual conference from village Badal.

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Key-Points

The PM FME scheme, launched as part of the Atmanirbhar Bharat Abhiyan, will cover two lakh enterprises in five years and an outlay of Rs 10,000 crore has been fixed for 5 years.

It will cover 6,700 units in Punjab.

The expenditure under the scheme would be shared in 60:40 ratio between union and state governments.

Operation Greens Scheme, being implemented by MoFPI has been extended from tomato, onion and potato (TOP) crops to other notified horticulture crops for providing subsidy for their transportation and storage from surplus production area to major consumption centres.

The objective of intervention is to protect the growers of fruits and vegetables from making distress sale due to lockdown and reduce the post -harvest losses.

Duration of Scheme: For the period of six months from the date of notification i.e., 11/06/2020.

Food Processors, FPO/FPC, Co-operative Societies, Individual farmers, Licensed Commission Agent, Exporters, State Marketing/Co-operative Federation, Retailers etc. engaged in processing/ marketing of fruits and vegetables.