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Aug 01, 2025 News Image Promoting Entrepreneurship amongst SC/ST/OBC Categories.
Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). Further, a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is also being implemented by MoFPI.
 Source:  pib.gov.in
Aug 01, 2025 News Image India Eyes Export Windfall as Bangladesh Rushes to Import Rice Amid Crop Concerns.
As monsoon unpredictability looms large over South Asia, India’s rice exporters are finding themselves in a sweet spot. Bangladesh, facing the threat of excessive rainfall damaging its newly sown rice crops, has floated a massive tender to import nearly 0.9 million tonnes (MT) of rice, opening up fresh and significant export prospects for India. Scheduled for August 7, the tender will allow 0.4 MT to be imported through government agencies and another 0.5 MT by private traders. This early move by Bangladesh, which usually starts importing after August, signals an urgent need to secure food reserves ahead of any potential crop loss.
 Source:  smestreet.in
Aug 01, 2025 News Image India's Rice Exports To Remain Resilient Despite 25% US Tariff: Exporters' Association.
An association of rice exporters on Thursday said the 25% tariff imposed by the US on Indian goods, including rice, will be a 'temporary hurdle' and not a major disruption for the sector. The new tariff, effective from Aug.1, includes duties on Indian rice exports to the US, which stood around 2.34 lakh tonnes in fiscal 2024, a small share of India's total 52.4 lakh tonnes of global basmati rice.
 Source:  ndtvprofit.com
Aug 01, 2025 News Image Cabinet approves total outlay of Rs.6520 crore including additional outlay of Rs.1920 crore for ongoing Central Sector Scheme 'Pradhan Mantri Kisan Sampada Yojana' (PMKSY) during 15th Finance Commission Cycle (2021-22 to 2025-26).
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved a total outlay of Rs.6520 crore including additional outlay of Rs.1920 crore for ongoing Central Sector Scheme 'Pradhan Mantri Kisan Sampada Yojana' (PMKSY) during 15th Finance Commission Cycle (FCC) (2021-22 to 2025-26).
 Source:  pib.gov.in
Aug 01, 2025 News Image New Subsidy Schemes to Support FPIs.
Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) for small, medium and large food processing. Further, MoFPI is also implementing a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme for micro enterprises.
 Source:  pib.gov.in
Aug 01, 2025 News Image Support to Farmers for Adopting Quality Standards.
Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). Further, a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is also being implemented.
 Source:  pib.gov.in
Aug 01, 2025 News Image Expansion of PMFME Scheme.
Under the Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme, 1,44,517 Loans have been sanctioned for Credit Linked Subsidy to individual micro food processing units and groups (SHGs, FPOs, cooperatives) till 30th June 2025.
 Source:  pib.gov.in
Aug 01, 2025 News Image Food Processing Units Operating Under Public Private Partnership.
Ministry of Food Processing Industries (MoFPI) does not support food processing projects in Public Private Partnership (PPP) model. However, MoFPI is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) Scheme and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). These schemes are demand driven in nature and applications are invited through Expression of Interest (EoI) from time to time. Subsidy/incentives are provided as per the respective schemes guidelines.
 Source:  pib.gov.in
Aug 01, 2025 News Image Cashew sector see no threat from US tariff, say exporters.
Indian cashew exporters not worried over the imposition of 25 per cent tariff by the Donald Trump administration, said exporters. Pankaj N Sampat of Samson Traders said the say cashew shipments to the US markets are very small and the emerging situation will not have any major direct impact on the sector. However, the US tariff on cashews from all origins —ranging from 10 to 25 per cent —will mean that the consumers in that country will have to pay more for cashews (and all other imported products). This can have short term impact on cashew consumption in the US.
 Source:  thehindubusinessline.com
Aug 01, 2025 News Image Govt committed to safeguarding India's farmers, workers and entrepreneurs: Piyush Goyal on US tariffs in LS.
In response to the United States' decision to impose a 25% tariff on Indian goods and American President Donald Trump’s critical remarks about the Indian economy, Union Commerce Minister Piyush Goyal told the Lok Sabha on Thursday that the government stands firm in protecting the interests of Indian farmers, workers, and entrepreneurs. Goyal, in a suo motu statement in the Lok Sabha, said the government is studying the implications of these tariff announcements, which take effect from August 1.
 Source:  economictimes.indiatimes.com