- FPOs and Producer Cooperatives would be provided Grant @35% with credit linkage (As per guidelines of PM Formalization of Micro Food Processing Enterprises Scheme (PM FME Scheme))
- Seed capital @ Rs. 40,000/- per member of SHG for working capital and purchase of small tools.
- Support to individual SHG member as a single food processing unit with credit linked grant @35% with maximum amount being Rs. 10 lakh.
- Support for capital investment at federation of SHG level, with credit linked grant @35%. Maximum limit of grant in such cases would be as prescribed by respective state.
Support to Group Category:
Support to Self Help Groups (SHGs):
- Existing micro food processing units in operation
- The enterprise should be unincorporated and should employ less than 10 workers.
- Ownership status could be Proprietary / Partnership Firm
- The applicant should be above 18 years of age and should possess at least VIII standard pass educational qualification
- FPO should have minimum turnover of Rs. 1 Crore and preferably be engaged in processing of ODOP produce.
- The members should have sufficient knowledge and experience for a minimum of 3 years period.
- Only SHG members that are presently engaged in food processing are eligible.
- The SHGs should have sufficient own funds for meeting 10% of the project cost and 20% margin money for working capital or sanction of the same as a grant from State Government.