Micro food enterprises - Latest News Update, Information, Photos & Videos on Micro food enterprises at Lokmat Times

Finance Minister Nirmala Sitharaman on Friday announced Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers and Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFEs) in the third tranche of Rs 20 lakh crore stimulus package.As part of Agri Infrastructure Fund, financing facility of Rs 1 lakh crore will be provided for funding agriculture infrastructure projects at farm-gate and aggregation points (Primary Agricultural Cooperative Societies, Farmers Producer Orgsations, Agriculture entrepreneurs, start-ups, etc). The fund will be created immediately.Sitharaman also said that the Rs 10,000 crore scheme for the formalisation of MFE promotes Prime Minister Narendra Modi's vision of 'Vocal for Local with global outreach.'She said that unorgsed MFEs units need technical upgradation to attain FSSAI food standards, build brands and marketing. The scheme will help two lakh MFEs attain the goals.The existing micro food enterprises, farmer producer orgsation, self-help groups (SHGs) and cooperatives will be supported. The scheme is expected to improve health and safety standards, integration with retail markets among others.On Thursday, Sitharaman announced the 'One Nation One Ration Card', free food grain supply to migrants and creation of affordable rental housing complexes (ARHC) in urban areas for migrant workers and poor in the second tranche of the COVID-19 stimulus package.The Prime Minister had on Tuesday announced a Rs 20 lakh crore special economic package for the country to become 'self-reliant' and deal with COVID-19 crisis.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Micro Food EnterprisesFOLLOW

Micro food enterprises, Latest News

National :Sitharaman to announce last tranche of economic package today

The last tranche of economic package announcement by Union Finance Minister Nirmala Sitharaman will be held on Sunday. ...

National :Sitharaman to announce final tranche of Rs 20 lakh cr stimulus package tomorrow

Finance Minister Nirmala Sitharaman will announce the fifth and last tranche of Rs 20 lakh crore stimulus package at 11 am on Sunday. ...

National :Nirmala Sitharaman to address press conference today

Finance Minister Nirmala Sitharaman will address a press conference in the national capital on Saturday. ...

National :Centre announces Rs 1 lakh crore Agri Infrastructure Fund in 3rd tranche of stimulus package

Finance Minister Nirmala Sitharaman on Friday announced Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers and Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFEs) in the third tranche of Rs 20 ...