Finance Minister Allocates Rs 10,000 Crores For Micro Food Enterprises

Finance Minister, Nirmala Sitharaman today announced Rs 10,000 crores for Micro Food Enterprises, under the third tranche of her economic package.

The scheme will be launched to help almost 2 lakh micro food enterprises to undertake technical upgradation and to meet good food standards.

Existing Micro Food Enterprises, farmer producer organisations, self help groups and cooperatives can gain from the same. The expected outcome would include better health and safety standards, improved income and integration with retail sector.