Learn bits
National Importance
Admin

19/11/20 11:32 AM IST

PM-FME Scheme

Why in news?

Capacity building component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme (PM-FME Scheme) was virtually inaugurated and the GIS One District One Product (ODOP) digital map of India was launched.

Highlights

  • The scheme envisages imparting training to food processing entrepreneurs, various groups, viz., SHGs / FPOs / Co-operatives, workers, and other stakeholders associated with the implementation of the scheme.
  • The training of Master Trainers aims to benefit nearly 8 Lakhs beneficiaries from micro-enterprises including members of Farmer Producer Organizations, Self-Help Groups, Cooperatives, Tribal communities, and others.
  • The digital ODOP map provides detailed information about ODOP product to all stakeholders”.
  • Training of the Master Trainers would be delivered through online mode, classroom lecture and demonstration, and self-paced online learning material. 
  • The digital map has indicators for tribal, SC, ST, and aspirational districts. It will enable stakeholders to make concerted efforts for its value chain development.

About the PM-FME Scheme

Launched under the Aatmanirbhar Bharat Abhiyan, the Pradhan Mantri Formalisation of Micro food processing Enterprises (PM-FME) Scheme is a centrally sponsored scheme aims to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector and provide support to Farmer Producer Organizations, Self Help Groups, and Producers Cooperatives along their entire value chain.

With an outlay of Rs. 10,000 crore over a period of five years from 2020-21 to 2024-25, the scheme envisions to directly assist the 2,00,000 micro food processing units for providing financial, technical, and business support for upgradation of existing micro food processing enterprises.

Source: PIB

More Related Current Affairs View All

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

28 Aug

UGC’s Learning Outcomes-based Curriculum Framework

'Recently, the University Grants Commission (UGC) issued a public notice on its development of a draft Learning Outcomes-based Curriculum Framework (LOCF).' LOCF is intended to

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps