Govt also lend Rs.10,000cr support to two lakh micro food enterprises
A Rs.10,900 crore Production Linked Incentive (PLI) scheme for Food Processing Sector is among the initiatives undertaken by the Central Government to support creation of global food manufacturing champions and support Indian brands of food products in international market, Minister of State at the Ministry of Food Processing Industries Prahlad Singh Patel said in a written reply in Lok Sabha on 30 Nov 2021.
The Government’s another support is the Rs.10,000 crore Centrally Sponsored – PM Formalisation of Micro Food Processing Enterprises (PMFME) scheme for providing financial, technical and business support for setting up/upgradation of 2 lakh micro food processing enterprises across the country during five years from 2020-21 to 2024-25 based on One District One Product (ODOP) approach.
He has also listed out the expansion in scope of “Operation Greens scheme” under Pradhan Mantri Kisan SAMPADA Yojana from Tomato, Onion & Potato (TOP) and to all notified fruits & vegetables (TOTAL). #manufacturing /fiinews.com
