Union Ministry of Food Processing & Agriculture launches Convergence Portal

Tags: National Government Schemes National News

The Government launched a Joint Convergence Portal for various schemes of the Ministry of Food Processing and Agriculture on 21st September.

IMPORTANT FACTS -

• The portal has been jointly launched by the Ministry of Agriculture and Farmers Welfare (MoAFW) and the Ministry of Food Processing Industries (MoFPI).

• The portal has been launched between the Agriculture Infrastructure Fund (AIF), Pradhan Mantri Micro Food Processing Enterprises (PMFME) Yojana and Pradhan Mantri Kisan Sampada Yojana (PMKSY).

• The portal was launched in the presence of Union Agriculture Minister Narendra Singh Tomar, Union Food Processing Industries Minister Pashupati Kumar Paras and Minister of State for Agriculture and Farmers Welfare Kailash Chaudhary.

• This initiative is going to add a new chapter in the life of micro units engaged in food processing.

Agriculture Infrastructure Fund :

• It was launched in 2020 as a stimulus package against the Covid-19 crisis.

• Its objective is to facilitate medium-long-term debt financing for investment in viable projects for post-harvest infrastructure management and community farm assets.

Pradhan Mantri Micro Food Processing Enterprises (PMFME) Yojana :

• The Ministry of Food Processing launched the Centrally Sponsored PMFME Scheme on June 29, 2020.

• Its objective is to enhance the competitiveness of existing individual micro enterprises in the unorganized sector of the food processing industry and to promote formalization of the sector.

• Under this scheme, financial, technical and commercial assistance is provided for the up-gradation of micro food processing enterprises in the country.

Pradhan Mantri Kisan Sampada Yojana :

• It is a Central Sector Scheme of the Ministry of Food Processing Industries.

• The objective of the scheme is to create modern infrastructure with efficient supply chain management from farm gate to retail outlet.