Sept. 28, 2022

Union Ministry of Food Processing Industries (MoFPI) jointly launched a Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY).


  • This launch will prove to be very important for the Food Processing Enterprises of the country.
  • The Ministry of Agriculture & Farmers Welfare is implementing the Agriculture Infrastructure Fund (AIF) - a medium to long-term debt financing facility started on 08 July 2020 for the creation of post-harvest management infrastructure and building of community farming assets. Benefits under the scheme include 3% interest subvention and credit guarantee support.
  • Ministry of Food Processing Industries (MoFPI) launched a centrally sponsored PPMFME scheme on June 29th, 2020 as a part of “Aatmanirbhar Bharat Abhiyan” to enhance the competitiveness of individual micro-enterprises in the unorganized segment & promote the formalization of this sector.
  • Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme of the Ministry of Food Processing Industries envisaged as a comprehensive package that will result in the creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.
Source : PIB