Scheme for 2 lakh Micro Food Enterprises in line with PM Modi’s ‘Vocal for Local with Global outreach’ vision


New Delhi: Finance Minister Nirmala Sitharaman on Friday (May 15) introduced {that a} scheme will likely be launched to assist 2 lakh Micro Food Enterprises aiming to implement Prime Minister Narendra Modi’s vision of ‘Vocal for Local with Global outreach’. 

“Improved health and safety standards, integration with retail markets and improved incomes to be key focus areas,” stated the Finance Minister, including that the unorganised MFEs models want technical upgradation to achieve FSSAI meals requirements, construct manufacturers and advertising.

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The scheme will likely be launched to assist two lakh MFEs attain the above targets, whereas present micro meals enterprises, farmer producer organisations, Self Help Groups and cooperatives may also be supported.

Under the scheme, a cluster-based strategy, for instance, mango in Uttar Pradesh, Kesar in Jammu and Kasmir, Bamboo shoots in North-East, Chilli in Andhra Pradesh, Tapioca in Tamil Nadu and so on. 

This is predicted to assist in reaching untapped export markets in view of improved well being consciousness, she added. 

The Finance Minister additionally introduced establishing of a Rs 1 lakh crore agri-infrastructure fund for farm-gate infrastructure which will likely be used for establishing chilly chains and post-harvest administration infrastructure. 

While saying the third tranche of COVID-19 reduction bundle, she additionally introduced the federal government will launch Pradhan Mantri Matsya Sampada Yojana for built-in, sustainable, inclusive growth of marine and inland fisheries to plug essential gaps in the fisheries worth chain. 

This step will present employment to over 55 lakh individuals and double exports to Rs 1 lakh crore, she added.

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