Question
How much amount was released to States and UTs under the
Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM-FME) Scheme?ÂSolution
The Union Finance Minister released ₹3,791.1 crore to States and UTs under the PM-FME Scheme, which aims to formalize micro food processing units across India. The scheme, launched in June 2020 with an outlay of ₹10,000 crore (2020–26), offers a 35% credit-linked subsidy up to ₹10 lakh for individuals and up to ₹3 crore for common infrastructure projects. It follows the One District One Product (ODOP) model, covering 713 districts and 137 products, to enhance local value chains and marketingÂ
Park Test is used for which of the following?
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