Updated By: LatestGKGS Desk
PM Formalization was launched under the Ministry of Food Processing Industries(MoFPI) on 29th June 2020.
This Scheme aims to provide financial,technical and business support to upgrade existing micro food processing enterprises.
It is a part of Atmanirbhar Bharat Abhiyan.Rs.10000 Crore has been allocated for the benefit of two lakh micro food processing enterprises.
*Capacity Building of Micro Food entreprenuers.
*Enable microenterprises to avail services through Farmer Producer Oragnizations (FPOs),Self Help Groups (SHGs),Producers Cooperatives & Cooperative
*Strengthening of Branding and marketing.
*Technology up-gradation of the existing micro food processing enterprises.
*National Scheduled Caste Development Finance Corporation
*National Cooperative Development Corporation (NCDC)
*Small Farmers Agri-Business Cosortium
*National Rural Livelihood Mission