Production Linked Incentives Scheme For Food Processing Industry For Millets Based Production (PLISMBP)
The Production Linked Incentives Scheme for Food Processing Industry for Millets based production (PLISMBP) was launched in 2022 by the Ministry of Food Processing Industries (MOFPI) as a sub-component of the PLI Scheme for Food Processing Industry. The scheme aims to encourage the use of millets in Ready to Cook/Ready to Eat (RTC/RTE) products and promote their value addition and sales in the domestic and export markets.
In the Production Linked Incentives Scheme for Food Processing Industry for Millets-based production (PLISMBP), the base year plays a crucial role in calculating sales, incremental sales and the corresponding incentives. Let’s take a closer look at the base year allocation:
The scheme has gained attention in the news recently due to its focus on promoting millet-based products. Given 2023 being celebrated as the International Year of Millets (IYM), the scheme was introduced to encourage the use of millets in food products and increase their value addition. A global event and exhibition-cum-buyer-seller meet were organized in collaboration with APEDA to promote millets and attract domestic and international exporters.
The scheme may not be useful for farmers who primarily deal with primary processed millet commodities such as de-husked/polished millet grains, millet flours/atta, and colour-sorted millet grains as these products are excluded from the eligible food products list.
The Production Linked Incentives Scheme for Food Processing Industry for Millets-based production (PLISMBP) is a government initiative aimed at promoting millet-based products and increasing their value addition in the food processing industry. The scheme offers incentives to both MSMEs and large entities to encourage the use of millets in Ready to Cook/Ready to Eat (RTC/RTE) food products. By promoting the consumption of millet, the scheme contributes to the growth of the food processing sector and provides employment opportunities.
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