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PMFME Scheme Sees Surge with Over 1.46 Lakh Applications Received by June 2025;
58,213 Loans Sanctioned, 51,851 Disbursed to Micro Food Enterprises under PMFME in FY 2024-25
Two lakh micro food processing enterprises are targeted for credit linked subsidy under Centrally Sponsored "Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme" in the country over a period from 2020-21 to 2025-26 with an outlay of Rs. 10,000 crores.
The details of the number of applications submitted, loan sanctioned and loans disbursed under the Credit Linked Subsidy for the FY 2024-25 till 30th June 2025 are as under:
Particulars | FY 2024-25 (till June 30, 2025) |
Applications Submitted | 1,46,197 |
Loan Sanctioned | 58,213 |
Loan Disbursed | 51,851 |
This information was given by the Minister of State for Food Processing Industries Shri Ravneet Singh in a written reply in Rajya Sabha today.
Credit-linked subsidy under PMFME expands access, prompting increased loan sanctions and disbursements to micro enterprises. Credit-linked subsidy under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme provides subsidy support linked to loans to extend credit to micro food processors under a centrally sponsored framework with a defined beneficiary target and scheme outlay. Recent operational metrics disclosed in a parliamentary reply report a substantial number of applications received and a material number of loans sanctioned and disbursed to eligible micro food enterprises, reflecting active deployment of the Scheme's credit-linked subsidy mechanism.Press 'Enter' after typing page number.