**Summary:**
The Ministry of Food Processing Industries is implementing the "Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme," a centrally sponsored program aimed at providing credit-linked subsidies to two lakh micro food processing enterprises across the country from 2020-21 to 2025-26, with a total outlay of Rs. 10,000 crores. As of June 30, 2025, for the fiscal year 2024-25, the scheme has received 1,46,197 applications, sanctioned 58,213 loans, and disbursed 51,851 loans, demonstrating an 89% sanction-to-disbursement success rate. This information was provided by the Minister of State for Food Processing Industries, Shri Ravneet Singh, in a written reply in Lok Sabha on August 7, 2025.
Key Entities Referenced
Ministry of Food Processing Industries: The Indian government ministry responsible for the food processing sector.
PMFME Scheme: Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme, a centrally sponsored scheme.
Credit Linked Subsidy: A subsidy program linked to credit, offered under the PMFME Scheme.
FY 202425: Financial Year 2024-2025
Lok Sabha: The lower house of the Parliament of India.
Shri Ravneet Singh: Minister of State for Food Processing Industries.
Delhi: The location where the information was posted.
Ministry of Food Processing Industries
Benefit through Credit-Linked Subsidy
Over 1.46 Lakh Applications Received Under
PMFME Scheme in FY 2024-25 Till June;
PMFME: 51,851 Loans Disbursed So Far, Marking
89% Sanction-to-Disbursement Success Rate
Posted On: 07 AUG 2025 2:48PM by PIB Delhi
Two lakh micro food processing enterprises are targeted for credit linked subsidy under Centrally Sponsored
"Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme" in the country over
a period from 2020-21 to 2025-26 with an outlay of Rs. 10,000 crores.
The details of the number of applications submitted, loan sanctioned and loans disbursed under the
Credit Linked Subsidy for the FY 2024-25 till June 30, 2025 are as under:
Particulars FY 2024-25(till 30th June 2025)
Applications Submitted 1,46,197
Loan Sanctioned 58,213
Loan Disbursed 51,851
This information was given by the Minister of State for Food Processing Industries Shri Ravneet Singh in a
written reply in Lok Sabha today.
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STK
(Release ID: 2153493)