PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme – Credit‑Linked Subsidy

PMFME is a central scheme providing a 35% credit‑linked capital subsidy for micro food processing units to modernise or set up new units, based on the One District One Product (ODOP) approach. The scheme runs from 2020‑21 to 2025‑26 and has been extended. Applicants typically need both Udyam (MSME) registration and FSSAI food-safety registration in place before their bank loan application is processed, and disbursement runs through a Detailed Project Report submitted via the PMFME portal to the state nodal agency and then the lending bank for appraisal. Originally slated to run 2020-21 through 2024-25 with a ₹10,000 crore total outlay, the scheme has since been extended, and its parallel seed-capital (₹40,000 per SHG member, capped at ₹4 lakh per federation) and common-infrastructure grant components mean group applicants can often layer support beyond the 35% individual subsidy referenced here.