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Uttar Pradesh Leads in PMFME Scheme Implementation

Uttar Pradesh Leads in PMFME Scheme Implementation
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Uttar Pradesh Leads in PMFME Scheme Implementation

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EventUttar Pradesh tops in PMFME Scheme implementation
Key Highlights- Average loan approval time: UP - 101 days, Bihar - 110 days, Telangana - 190 days. - Loan disbursement growth: 14% in UP. - Expenditure: Rs 250 crore more than 2024. - Additional budget: Rs 300 crore for UP, 56% increase for 2025-26.
PMFME Scheme- Launched: 2020 under Atmanirbhar Abhiyaan. - Objective: Enhance competitiveness of micro food processing enterprises, promote formalisation, support FPOs, SHGs, and Producer Cooperatives. - Approach: One District One Product (ODOP). - Implementation: 35 States and UTs. - Duration: 2020-21 to 2024-25.
Nodal MinistryMinistry of Food Processing Industries (MoFPI)

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