Shri Chirag Paswan
Honourable Minister of Food Processing Industries
Shri Ravneet Singh Bittu
Honourable Minister of State
Production Linked Incentive Scheme
The Production Linked Incentive Scheme (PLIS) proposes financial incentive to modernize and enhance competitiveness of the food processing industry by manufacturing specific categories of food products having high potential for growth in output and value addition.
Objective:
The objective of the scheme is to support the creation of global food manufacturing champions; promote Indian brands of food products; increase employment opportunities for off-farm jobs, ensure remunerative prices of farm produce and higher income to farmers.
PRODUCT SEGMENTS
The scheme covers four food product segments viz. Ready to Cook/ Ready to Eat (RTC/ RTE) foods including Millet products, Processed Fruits & Vegetables, Marine Products and Mozzarella Cheese. Innovative/ Organic products of SMEs in these segments, including Free Range - Eggs, Poultry Meat, Egg Products, are also covered.
Eligible Applicants:
Applicants shall be (i) Proprietary Firm or Partnership Firm or Limited Liability Partnership (LLP) or a Company registered in India (ii) Co-operatives; and (iii) Small & Medium enterprises.
Tenure of the Scheme
The tenure of the Scheme is six years from Financial Year 2021-22 to Financial Year 2026-27.