If you want to do employment related to food, you will get subsidy of 10 lakhs from here
NEWS18 January 20, 2025 10:42 AM

Kannauj. There is good news for young farmers who intend to start a business in Kannauj, UP. If a farmer wants to start a business related to food items, then the district horticulture department has come up with a special scheme for them. The name of this scheme is 'Micro Fertilizer Industry Upgradation Scheme'. In this, the beneficiary will get a subsidy of 35%. The beneficiary can start any business related to food and drinks with this. The maximum subsidy will be Rs 10 lakh. There will be a discount on interest rates from the central government.

Full details

Under this scheme, a credit linked subsidy of Rs 10 lakh is being provided for setting up new micro fertilizer processing units and upgrading existing micro fertilizer industries. Technical work should not exceed 30% of the project cost. The beneficiary has to take a loan from the bank of minimum 60% and maximum 90% of the project cost. The beneficiary's own contribution should be at least 10% of the cost. This scheme will emphasize on packaging and branding of food producers.

How to apply

To avail the benefits of this scheme, Aadhar card, PAN card, bank statement, land document/rental deed, electricity bill or ration card for local address is required. Beneficiaries can apply online. To apply online, login to https://pmfme.mofpi.gov.in/#/ . Application can also be made by visiting the office of the District Horticulture Department.

what did the officer say

Talking to Local 18, District Horticulture Officer CP Awasthi said that any kind of food product can be made under this scheme. People making edible perfume in Kannauj perfume industry can take advantage of this scheme.

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