MoFPI also provides financial, technical and business support for setting up/ upgradation of micro food processing enterprises under the PMFME scheme
The Ministry of Food Processing Industries (MoFPI) is implementing Central Sector Schemes of Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally sponsored Prime Minister Formalization of Micro Food Processing Enterprises (PMFME) scheme.
Under sub-schemes of PMKSY, MoFPI provides mostly credit-linked financial assistance (capital subsidy) to entrepreneurs with a total outlay of Rs.5520 crore for the 15th Finance Commission Cycle. MoFPI has sanctioned 41 Mega Food Parks, 399 Cold Chain projects, 76 Agro-Processing Clusters, 588 Food Processing Units, 61 Backward & Forward Linkages Projects & 52 Operation Greens projects till 30th June 2024.
MoFPI also provides financial, technical and business support for setting up/ upgradation of micro food processing enterprises under the PMFME scheme. The scheme is operational for a period of five years from 2020-21 to 2024-25 with a total outlay of Rs.10,000 crore. A total of 92,549 sanctions have been given to micro food processing enterprises till 30th June 2024.
PLISFPI is, inter alia, intended to support the creation of global food manufacturing champions and support Indian brands of food products in the international market. The scheme is being implemented over six years from 2021-22 to 2026-27 with an outlay of Rs.10,900 crores. 172 food processing companies have been given sanctions for assistance under various categories of the scheme so far.
Keeping in view the requirement for innovative product and process development in the food processing sector, MoFPI extends financial support to educational and research institutions including the Council of Scientific & Industrial Research (CSIR) recognised Research and Development (R&D) units in the private sector for related demand driven R&D projects through its R&D scheme under PMKSY. 72 research projects have been approved since 2017-18 till 30th June 2024 with an approved subsidy of Rs.26.12 crore.
In addition, the National Institute of Food Technology, Entrepreneurship & Management (NIFTEM) Kundli and NIFTEM, Thanjavur, under the administrative control of MoFPI, are also engaged in R&D activities in the sector.
This information was given by the Minister of State for Food Processing Industries Ravneet Singh in Lok Sabha in reply to a question.