Production-based sectors plays a major role in India’s economy. The Production Linked Incentive (PLI) Scheme for the Food Processing Sector is a government initiative launched in March 2021, which aims to boost the growth of the food processing industry in India. The main objective of the scheme is to attract investment in the food processing sector, create employment opportunities for off-farm jobs, ensure remunerative prices of farm produce, increase farmers income and promote the export of processed food products.
CATEGORY | REMARKS |
Total Tenure period of the Scheme | 6 year period from 2021-22 to 2026-27 |
Beneficiaries | Farmers, Food Processing Industries |
Part of the Scheme | Atmanirbhar Bharat Abhiyan (Self – reliant India campaign) |
Categories of Applicant | |
Category I | Entities who get financial assistance based on Sales and Investment criteria belong to this category. They could also undertake Branding & Marketing activities abroad and apply for incentives. |
Category II | Small and Medium-sized Enterprises (SME) who manufactures organic and innovative products |
Category III | Applicants exclusively apply for incentives to undertake Branding and Marketing activities abroad. |
Incentive Sales | |
For sales of eligible food products | Products manufactured by the applicants as well its subsidiaries and contract manufactures |
Grants | Applicants will have an extended grant @ 50% of expenditure on branding & marketing; Financial assistance up to 3% for Sales of food products or Rs 50 crore per year, whichever is less. |
Minimum expenditure for branding abroad | Rs 5 crore for a period of five years |
Incentives would be paid for 6 years | Incremental sales over the base year from the year 2021-22 to 2026-27 |
First component: This component encourages the manufacturing of following four major food product segments
This component also covers organic products including free range eggs, meat, poultry and egg Products.
Second Component: This component mainly focuses on Branding and Marketing abroad.
Step 1: Go to the official website of Ministry of Food Processing Industry (MOFPI) at https://www.mofpi.gov.in/
Step 2: On the Homepage, click on the schemes tab and select Production Linked Incentive Scheme for Food Processing Sector option
Step 3: Now visit the PLISFPI portal and click on ‘Register’
Step 4: Registration form will be displayed in the screen
Step 5: Enter all the mandatory details and click on register option
Step 6: On Successful registration, username and password will be sent to the official mail ID.
Step 7: Choose login option from the homepage and log on to the portal
Step 8: Fill the application form carefully and upload all the required documents
Step 9: Submit the application form
The PLI scheme for the food processing sector is a positive step towards achieving the government’s goal of doubling farmers income and making India self-reliant in the food processing sector.
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