22 MSMEs are benefiting from the PLI scheme to manufacture millet-based products
According to the Ministry of Food Processing Industries, approximately 30 companies, including 22 MSMEs, are taking advantage of the Production-Linked Incentive (PLI) scheme to manufacture millet-based products. The PLI for Millet Based Products (PLISMB) was created from the savings of the main PLI Scheme for the Food Processing Industries (PLIFPI) in order to encourage the use of millets in Ready to Cook/Ready to Eat (RTC/RTE) products.
According to the ministry, the PLISMBP involves around 30 companies, including 22 MSMEs, in the promotion of millet-based products. Also Read | Millets included in FSSAI’s notification of comprehensive group standards
The PLISMBP scheme, approved in August with an outlay of ₹ 1,000 crore derived from savings in other segments, calls for a minimum of 15% millet content in approved food products, according to a statement.
Otherwise, under the PLISFPI, 176 proposals in various categories have been approved so far, with a total incentive of ₹ 584.30 crore released, it added.
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