ENA MSME 2025-08-22 16:35:37 <p><span style="font-size:14px"><strong>New Delhi, Aug 22 (KNN) </strong>The Ministry of Food Processing Industries (MoFPI) is actively promoting the growth and development of food processing industries across India through a range of incentive-based schemes.</span></p> <p><span style="font-size:14px">These include two Central Sector Schemes Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and a Centrally Sponsored Scheme, PM Formalization of Micro Food Processing Enterprises (PMFME).</span></p> <p><span style="font-size:14px">All three schemes are demand-driven and implemented nationwide, including in Bihar, providing financial, technical, and business support to entrepreneurs in the Micro, Small, and Medium Enterprises (MSME) sector.</span></p> <p><span style="font-size:14px">The initiatives aim to encourage both the setup and expansion of food processing infrastructure.</span></p> <p><span style="font-size:14px">Under the PMFME scheme, individual micro enterprises can avail a credit-linked capital subsidy of 35 per cent of the eligible project cost, with a maximum limit of Rs 10 lakh per unit.</span></p> <p><span style="font-size:14px">As of June 30, 2025, a total of 1,44,517 micro food processing enterprises have received approval for financial assistance.</span></p> <p><span style="font-size:14px">The scheme also includes a Capacity Building component, which provides training for trainers, district resource persons, entrepreneurs, and other stakeholders in entrepreneurship development and product-specific skills. So far, 1,16,666 beneficiaries have been trained under PMFME.</span></p> <p><span style="font-size:14px">Projects approved under PMKSY and PLISFPI also cover the MSME category, further driving sector growth.</span></p> <p><span style="font-size:14px">In Bihar, MoFPI has approved 13 projects under PMKSY, 7 under PLISFPI, and 25,349 proposals under PMFME till June 30, 2025.</span></p> <p><span style="font-size:14px">These initiatives act as a key catalyst for the growth and formalization of the states food processing industry, supporting entrepreneurship and enhancing employment opportunities.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43238 https://knnindia.co.in/news/newsdetails/msme/government-incentives-empower-msmes-and-micro-enterprises-in-food-processing-industry 2025-08-22 16:35:37 knnindia.co.in