NEW DELHI: Setting out the guidelines to implement the “formalization of micro food processing enterprises (PM FME) as a part of “Atmanirbhar Bharat” campaign to combat the impact of Covid-19, minister for food processing industries, Harsimrat Kaur Badal said on Monday that the outreach will enable generation employment for around 9 lakh skilled and semi-skilled workers and benefit 8 lakh units. The FPI minister said that the unorganized food processing sector comprising nearly 25 lakh units contribute to 74% of the employment in food processing sector. Nearly 66% of these units are located in rural areas and about 80% of them are family-based enterprises supporting livelihood rural household and minimizing their migration to urban areas. These units largely fall within
BATHINDA: Union food processing industries minister Harsimrat Kaur Badal Monday launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme named as ‘Sapno Ki Udaan’ in a virtual conference from village Badal, expected to generate an investment of Rs 35,000 crore and provide employment to 9 lakh skilled and semi-skilled workers. The PM FME scheme, launched as part of the Atmanirbhar Bharat Abhiyan, will cover two lakh enterprises in five years and an outlay of Rs 10,000 crore has been fixed for 5 years. It will cover 6,700 units in Punjab. The expenditure under the scheme would be shared in 60:40 ratio between union and state governments. The minister of state Rameswar Teli also addressed the virtual conference.