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GoI to roll out new scheme for “Formalization of Micro Enterprises” to tap unbound potential of the FPOs/SHGs/Cooperatives & FP enterprises operating in unorganized sector,provide impetus to the ‘Make in India’ Campaign & spearhead India towards self-reliance.
The Centrally Sponsored Scheme,with an outlay of 10,000 Cr & special focus on women entrepreneurs,aspirational districts.
This shall lead to creation of off-farm job opportunities for 9 lac skilled/semi skilled workers,benefitting 2,00,000 micro-enterprises and further the GOI's objective of doubling farmers’income.
The scheme would provide support to FPOs and SHGs for #infrastructure development, handholding, capacity building, training on quality standards, hygiene regulations, marketing and branding.
The scheme would support existing micro food processing enterprises with grants & loans upto Rs 10 lacs/ unit to upgrade their infrastructure with new technologies.
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