Kudumbashree products

Kerala Government has planned to start an online platform to market and deliver products manufactured by ‘Micro, Small and Medium production units including Kudumbashree.As per State Industries Minister P Rajeeve, Kerala government has already started preliminary level talks on this.This plan was announced while inaugurating “State-level seed capital financial assistance scheme” on October 18, 2021.

State-level seed capital financial assistance scheme

• Under this scheme, assistance will be provided to self-help Groups.
• Scheme was launched as part of “Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) project”.

PMFME Project

• The Centre had started the PMFME scheme in collaboration with the State governments in order to incentivise food processing industries.
• This scheme seeks to provide technical, financial, and business assistance to the small food processing enterprises.

Assistance to Self-help group

• Under the PMFME scheme, members of the self-help group will be given an initial capital of up to Rs 40,000 in order to purchase machines.
• Self-help groups members involved in the food processing industry will get 35 per cent of the credit linked capital subsidy. It is subject to a maximum of Rs 10 lakh.
• Capital investment of SHG federation will get 35 per cent subsidy by means of credit-linked grants.

One district one product

• This scheme was started in order to identify one product from each and encourage its sale.
• It comprises of procurement of raw materials using common facilities in order to produce and help in widening its market for the product.
• Under this scheme, food processing ministry also helps the entrepreneurs for building logistic support and developing ‘brand building’ for these products.