Recently, the Ministry of Food Processing Industries (MoFPI) has launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of ‘Atmanirbhar Bharat Abhiyan’.

The Scheme is expected to generate a total investment of Rs. 35,000 crore and 9 lakh skilled and semi-skilled employment.

One District One Product (ODOP) Approach :

The States would identify food products for districts keeping in view the existing clusters and availability of raw material.

The ODOP could be a perishable produce based or cereal based or a food item widely produced in an area.

Funding Details :

It is a centrally sponsored scheme with an outlay of Rs. 10,000 crore.

The expenditure under the scheme would be shared in 60:40 ratio between Central and State Governments,  in 90:10 ratio with NE & Himalayan States, and 100% by Centre for other UTs.