Centre to propose 5-year PMFME extension with richer subsidies, ODOP push and GeM onboarding

Food processing ministry will seek extension of the Rs 10,000 crore PMFME scheme beyond Sept 2026, with higher 35% credit-linked subsidy ceilings, women and hilly-region preference, and GeM listings. Scheme has formalised 65,000 units and disbursed Rs 5,800 crore across 196,270 enterprises.

— Source publishedSat, 23 May, 2026, 01:32 IST·First seen Sat, 23 May, 2026, 05:42 IST·Source Financial Express · BrandWagon

What happened

PMFME Scheme · Food processing ministry will propose a 5-year extension of PMFME scheme with higher credit-linked subsidy ceilings, preferential support for

Key facts

  • 35% subsidy
  • Rs 10,000 crore outlay
  • Rs 10 lakh subsidy ceiling
  • Rs 30 lakh project cap
  • 196,270 enterprises
  • Rs 5,800 crore disbursed
  • 65,000 units formalised
  • 80 incubation centres approved
  • 200+ products
  • 40 ODOP brands

Why this matters

Target acquisitions or sourcing tie-ups with the 196,270 formalised micro food enterprises to lock in ODOP-aligned supply before subsidy-driven competition intensifies.