Current Affairs

Benefit through Credit-Linked Subsidy

Benefit through Credit-Linked Subsidy

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.