Centre launches micro food processing scheme, to adopt ‘one district, one product’ approach

PM AASHA

The PM formalization of Micro food processing (PM-FME) scheme was launched  today with aim of taking “Local Brands to Global”, by providing credit to micro food processing industries ,it will adopt “one district one product” formula for providing credit. According to the experts encouraging Food processing will help in reducing waste and generate off farm job. This news is related to the topic, Food processing and related industries in India- scope and significance, location, upstream and· downstream requirements, supply chain management of GS 3. Details about the scheme can be important for prelims, whereas significance, issues with the scheme can be important for mains.

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