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    Question

    What’s the target of Pradhan Mantri Formalisation of

    Micro food processing Enterprises (PMFME) Scheme?
    A The scheme aims to set up / upgrade 2 lakh micro food processing units from 2020-21 to 2024-25 Correct Answer Incorrect Answer
    B The scheme aims to set up / upgrade 4 lakh micro food processing units from 2020-21 to 2024-25 Correct Answer Incorrect Answer
    C The scheme aims to set up / upgrade 8 lakh micro food processing units from 2020-21 to 2024-25 Correct Answer Incorrect Answer
    D The scheme aims to set up / upgrade 10 lakh micro food processing units from 2020-21 to 2024-25 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Launched on 29th June 2020 under Aatma Nirbhar Bharat Abhiyan. To enhance the competitiveness of existing individual micro-food processing industries in the unorganized segment of the food processing industry. The scheme aims to set up / upgrade 2 lakh micro food processing units from 2020-21 to 2024-25 . It’s a Centrally sponsored scheme ( i.e. funding shared between Centre &  States) with a total outlay of Rs 10,000 crore for 5 years.  

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