India, Dec. 12 -- The Government of India has issued a release:
Ministry of Food Processing Industries (MoFPI) is implementing a centrally sponsored "PM Formalisation of Micro food processing Enterprises (PMFME) Scheme" through State / UT Governments for providing financial, technical and business support for setting up of new/ upgradation of micro food processing enterprises in the country. The loans to online proposals submitted under the scheme are sanctioned by lending banks after appraisal. Against the target of providing credit linked support to two lakhs micro food processing enterprises, loans to 1,62,744 micro food processing enterprises have been sanctioned for credit linked subsidy under the Scheme.
MoFPI regularly conducts mee...