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255,295 Views • Jul 27, 2024 • Click to toggle off description
The Scheme is called the PMFME - PM’s Formalization of Micro Food Processing Enterprises...
You just need to contribute 10% of the project cost, while the balance 90% can be taken as a loan...
From the total cost of the project, up to 35%, maximum up to Rs 10 lakhs, shall be paid by the govt as a subsidy.
If you club the benefits of this scheme with those under CGTMSE, you don’t even need to give a property as collateral to the bank, and a discount on interest rate of up to 3% may be available under the Agri Infra Financing Scheme.
Out of the 250k applications, ~36% have already been approved, and ~28% have started receiving the funds under the scheme.
The application can be made under pmfme.mofpi.gov.dot.in
The scheme is only for food processing or small scale manufacturing and not for retailers and wholesalers.
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.
Views : 255,295
Genre: Education
Uploaded At Jul 27, 2024 ^^
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RYD date created : 2024-09-11T12:15:24.706754Z
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YouTube Comments - 87 Comments
Top Comments of this video!! :3
All these are great to listen, but reality everyone knows. If u have to be successful, then never ever believe on bank and govt. U alone is complete.
36 |
Govt will give the money but govt employees ask for bribe. Remember what Rajiv Gandhi said : "every rupee targeted towards welfare and poverty alleviation only a fraction, 15 paise, reached the intended beneficiary".
33 |
People will take the money and dissapear
4 |
Good for the needy❤
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What do you mean by food processing business here ?? Doctors are already telling to avoid Processed Food.
2 |
Very Usefull info. Thanks for sharing.
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ஆபாவாணன்
தமிழ் சினிமாவின் மற்றும்மொரு Legend 🎉🎉
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Shall we consider 10% of the loan as bribery?
11 |
There is SCHEME called DTB countering leakage
2 |
You can not get anything unless you have solicited with toute of bank staff. Otherwise you will be informed that mudra loan , KCC or any government schemes are closed at this moment at this branch because of high NPA of bank branch😂
3 |
I tried this but failed due to cibil score being low. The key point here is the bank and not all banks help you in this, the better way is to fill the application and wait for a long time till someone from pmfme calls you and then you need to ask them about the bank near you that could support this and if they could refer you to that bank. Hopefully someday in future I'll take this scheme and I'll get this scheme.
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Pehle Babulog ka Commossion declare karo😂😂.....This all is for Left and Right Hands of MP MLAs who open Bottled water, Aircraft meals and such businesses. Common Salaried Class DONT even think about it and take the First flight ou
2 |
I am a single mother with no property, can I not getvhelp from government to start a organic skin care business
1 |
meaning more scams
all politicians are ppl who have applied
12 |
Boss, you somewhere give absolute and some time give % numbers, which does not take us anywhere
2 |
Bhai jake le pehla, i was starting a hotel and denied cgtmse by all banks even when they will get the constructed property as collateral. Making reels is much more easier in our country than actually doing it
2 |
Sir in hindi please.....it will benefit many....
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Where is the description
2 |
Ha, for all this we are paying taxes
1 |
@turanamo
1 month ago
The SSI officer incharge of approval is asking for 10% bribe to get the subsidy approved. What next?
160 |