35 percent subsidy being offered for setting up Food Processing Common Infrastructure

Chandigarh – The Haryana Government is giving special focus on the development of micro food processing enterprises in the state. Extensive promotion is being carried out to ensure that the benifits of  Central Government’s ‘Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme’ reaches maximum benificaries in the state.

Sharing more details in this regard, an official spokesperson shared that under this scheme, a 35 percent  subsidy is being provided for setting up Food Processing Common Infrastructure, with a maximum limit of Rs. 3 crore. FPOs/FPCs, Cooperatives, SHGs (Self Help Groups), and Government Agencies are eligible to apply under the scheme.

The spokesperson further shared that along with food processing, common facilities such as sorting-grading, warehouses, farm-gate cold storage, and general processing infrastructure for food products are also eligible for a 35 percent subsidy with credit linkage.

The spokesperson said that a well-developed food processing sector with a high percentage of processing helps reduce wastage, enhances value addition, and promotes crop diversification. Additionally, it ensures better income for farmers, generates employment, and boosts export earnings.

The spokesperson  said that this sector plays a key role in addressing important issues like food security, rising food prices, and providing nutritious food to the public.

Notbaly, the food processing sector is a vital part of the Indian economy, contributing significantly to GDP, employment, and investments.