The PMFME scheme would use the " One District One Product " strategy to achieve scale gains in input procurement, public service delivery, and product marketing. 

 

Highlights: 

 

♦ The Ministry of Food Processing Industry (MoFPI) provides financial, technological, and business support to established micro-food processing companies under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme (PM FME Scheme), which was launched by the central government.

 

 

♦ The concept`s aim is to transform each of the country`s districts into an export centre. 

♦ Identify products with export potential in the district 

♦ Solve the bottleneck of exporting these products 

♦ Support local exporters and manufacturers as they increase their production capacity and search for new markets outside of India. 

♦ The aim is to encourage exports, manufacturing, and service industries in the districts, as well as provide job opportunities. 

♦ Every district has formed a District Export Promotion Committee to help with this (DEPC). 

♦ These committees can be chaired by a Regional Authority appointed by the Directorate General of Foreign Trade and headed by DM/Collector/DC/District Development officials in the district (DGFT). 

♦ DEPC`s key responsibility is to collaborate with all relevant stakeholders at the federal, state, and local levels to establish and execute a district export action plan.