In order to ensure overall development of Food Processing Sector in the country, Ministry of Food Processing Industries (MoFPI) implements Central Sector Umbrella Scheme, Pradhan Mantri Kisan Sampada Yojana (PMKSY), since 2016-17, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), since 2021-22 and centrally sponsored Pradhan Mantri Formalization of Micro food processing Enterprises (PMFME) Scheme, since 2020-21.
The Ministry of Food Processing Industries (MoFPI) is mandated to create post-harvest infrastructure and processing facilities, inter-alia, to boost the overall development of the food-processing sector including reduction in post-harvest losses; enhancing value addition etc. The Ministry through implementation of various initiatives and schemes aims for the overall development of food processing sector, including creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet, and to help in providing better returns to farmers, creation of employment opportunities, reducing wastage, increasing the processing level and enhancing the export of the processed foods.
MoFPI has undertaken a number of measures as part of the Aatmanirbhar Bharat Initiative, which includes PM Formalization of Micro Food Processing Enterprises (PMFME) scheme and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI).
The Ministry has launched “PM Formalisation of Micro food processing Enterprises (PMFME) Scheme” for providing financial, technical and business support for upgradation of existing micro food processing enterprises as well as setting up of new units. The scheme is operational from 2020-21 to 2025-26 with total outlay of Rs. 10,000 crores.
PLISFPI is, inter alia, intended to support creation of global food manufacturing champions and support Indian brands of food products in international market. The scheme is being implemented over a six-year period from 2021-22 to 2026-27 with an outlay of Rs.10,900 crores.
MoFPI implements Central Sector Umbrella Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2016-17 to create post-harvest infrastructure and processing facilities to boost the overall development of the food processing sector including reduction in post-harvest losses, enhancing value addition etc. MoFPI provides credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing/preservation infrastructure which, interalia, includes cold storages to minimize post-harvest losses. As on date 1654 projects have been approved under PMKSY.
