PMFME Scheme driving grassroots entrepreneurship: 59,202 micro food processing enterprises formalized, over ₹17,015 crore investment mobilized and 5.18 lakh jobs generated across India
- PM Formalisation of Micro Food Processing Enterprises (PMFME) is a centrally sponsored scheme of the Ministry of Food Processing Industries (MoFPI) launched under Aatmanirbhar Bharat Abhiyan to formalise the unorganised micro food processing sector.
- Adopts a One District One Product (ODOP) approach; targets 2 lakh micro enterprises with ₹10,000 crore outlay over 2020-21 to 2025-26.
- Relevant for GS-III (Food Processing, Agri value-chain, MSMEs, Employment) and GS-II (Centrally Sponsored Schemes, Centre-State funding).