jaezone.blogg.se - november 2022

Seed capital will be given to SHGs 4 lakh per SHG) for the loan to members for working capital and small tools.

The scheme will be rolled out on All India basis.On-site skill training & Handholding for DPR and technical upgradation.The beneficiary contribution will be a minimum of 10% and balance from the loan.Micro enterprises will get credit-linked subsidy 35% of the eligible project cost with a ceiling of Rs.10 lakh.The scheme will be implemented over a 5 year period from 2020-21 to 2024-25.2, 00,000 micro-enterprises are to be assisted with credit linked subsidy.

Expenditure to be shared by the Government of India and States at 60:40.

It will be a Centrally Sponsored Scheme.

The expenditure will be shared by GOI and the States in the ratio of 60:40.

The Union Cabinet has sanctioned an outlay of Rs.10,000 crore.

Strengthening this segment will lead to a reduction in wastage, creation of off-farm job opportunities and aid in achieving the overarching Government objective of doubling farmers’ income.

This sector faces a number of challenges including the inability to access credit, high cost of institutional credit, lack of access to modern technology, inability to integrate with the food supply chain and compliance with the health & safety standards.

Nearly 66 % of these units are located in rural areas and about 80% of them are family-based enterprises.

There are about 25 lakh unregistered food processing enterprises which constitute 98% of the sector and are unorganized and informal.

Also discuss how can it benefit India becoming the global food store. Discuss the scope and significance of Food Processing Industries in India. The Union Cabinet has given its approval to a new Centrally Sponsored Scheme – “Scheme for Formalization of Micro food processing Enterprises (FME)” for the Unorganized Sector on All India basis.

Mains level : Food processing industry and the required reforms Prelims level : Scheme for formalization of Micro Food Processing Enterprises (FME) From UPSC perspective, the following things are important :