Food Ministry to push 5-year PMFME extension, eyes higher subsidy cap beyond ₹10 lakh
MoFPI will seek Cabinet nod to continue the PMFME micro-enterprise scheme past September 2026, with revised guidelines lifting the ₹10 lakh credit-linked subsidy ceiling. Scheme has backed 1.96 lakh enterprises, modernised 65,000 units, and reached 4 lakh SHG members, with 40% women beneficiaries.
Food Processing Ministry plans to propose extending the PMFME scheme for five more years with revised guidelines, including raising the ₹10 lakh credit-linked subsidy cap, greater focus on women entrepreneurs, branding, marketing, and the North-East region.
Why this matters
MoFPI is moving to institutionalise PMFME as a long-term pillar of India's food processing policy, expanding credit support for micro-enterprises and SHGs amid rising formalisation of the sector.
Retail-company signals steady at 981 over the last 90 days.
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