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For benefitting SHGs members under food processing sector support and groom Urban SHGs members involved in Micro-Entrepreneurship activities in the food processing sector by making them financially empowered convergence between Prime Minister Formalisation of Micro-food processing Enterprises (PMFME) and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) scheme Which provides financial, technical and business support for upgradation of existing micro FMEs and to promote formalization & competitiveness of food sector.
Highlighting the key benefits under this scheme for Urban SHGs can avail i. Seed capital of 40,000 per SHG member. ii. Support to FME through credit-linked capital subsidy of 35% of the eligible project cost with a maximum ceiling of 10 lakh per unit. iii. It also provides support for marketing & branding to micro units with training and capacity building.
In Raga 35 Vendors have applied first loan amounting to 10,000. All the application filled online were forwarded to SBI Raga bank branches.
Other dignitary present were Punyo Tupey, JE Raga, Anup Dey, UDC, ArSULM Mukut Deori, Common Service Centre, Naharlagun, Smti Tap Sumpi Kabak, Community Organizer, Raga, Smti Rubu Pampi & Miss Pegmir Adap, Community Organizer, Ziro, Kabak Jerjo and other staffs of DUDA Raga were present in the PM SVANidhi camp.