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PMFME scheme 2024-25
May 15 , 2025
19 hrs 0 min
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- The Centrally sponsored PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is implemented across the country from 2020-21.
- Bihar has emerged as a leader in the successful implementation of the scheme for the financial year 2024-25.
- The PMFME scheme offers credit-linked subsidies to individual and group units.
- The Individual micro food processing units can receive a 35% subsidy on project costs, capped at Rs 10 lakh.
- Out of 10,296 applications, 6,589 were approved and got disbursed the loans, representing 63% of total distributions.
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