In a major development, Modi government has launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of “Atmanirbhar Bharat Abhiyan”. According to Minister for Food Processing Industries Harsimrat Kaur Badal, PM FME Scheme would generate a total investment of Rs 35,000 crore and generate 9 lakh skilled and semi-skilled employment and benefit 8 lakh units through access to information, training, better exposure and formalization.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

After launching PM FME scheme, Harsimrat Kaur Badal highlighting the role of local food processing units said that food products manufactured by the rural entrepreneurs in the villages have a long tradition of supplying Indian food products to the local population. She added, "The importance of these local units and their role has been amply emphasised by the Prime Minister in his Address to the Nation on 12.5.2020."

Union Minister said that the Scheme would generate total investment of Rs 35,000 crore and generate 9 lakh skilled and semi-skilled employment and benefit 8 lakh units through access to information, training, better exposure and formalization.  The guidelines of the Scheme were released on the occasion.

Badal added, “In times of crisis, this Local has fulfilled our demand, this Local has saved us. Local is not just the need, it is our responsibility also. Time has taught us that we must make the Local as a mantra of our life. The Global Brands you feel today were sometimes also very local like this. But when people started using them, started promoting them, branding them, proud of them, they became Global from Local Products. Therefore, from today every Indian has to become vocal for their local, not only to buy local products, but also to promote them proudly. I am confident that our country can do this.”