Under the Pradhan Mantri Formalisation of Micro Food Enterprises Scheme under Ministry of Food Processing Industries, Government of India, a scheme launched for the development of micro food processing enterprises has been implemented in Assam.
Under the scheme, the financial benefits provide abundant business opportunities for many such units to turn their business into a brand.
Benefits under the scheme
According to the scheme, one can receive a 35% subsidy on taking a loan from the bank (maximum 10 lakh).
Further, there are loans and subsidies available from banks to set up new industries under the One District One Product (ODOP) scheme.
Also, the beneficiaries will receive training and technical support from the government.
To apply, one can go to the website- pmfme.mofpi.gov.in
The MyGov portal of the Assam Government has posted a Tweet regarding the same.