Merger of PMFME & DAY-NULM

Merger of PMFME & DAY-NULM

News: As a part of it’s celebration of Azadi Ka Amrit Mahotsav (AKAM), Ministry of Housing & Urban Affairs (MoHUA) has organised the launch event of the Convergence between PM Formalisation of Micro-food processing Enterprises (PMFME)&Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) scheme.

Background:
• Minstry of Food Processing Industries (MoFPI) launched PMFME scheme as a part of “Atmanirbhar Bharat Abhiyan” to enhance competitiveness of individual micro-enterprises in the unorganized segment & promote formalization of this sector. Financial assistance in the form of Seed Capital, Credit linked subsidy for Capital investment and creation of Common Infrastructure are available to the micro-food processing industries, including those run by SHGs.
• MoHUA is implementing a flagship Scheme named DAY-NULM, which has mobilised over 61 lakhs urban poor women into SHGs and their federations. Out of these, approximately 32,000 SHGs have been identified by States/ UTs to be involved in Food Processing activities.

Details:
• Both the Schemes have been converged to benefit members from these SHGs.
• Guidelines have already been issued by MoHUA to States/ UTs.The online IT module developed on DAYNULM MIS has also been launched today to help in effective implementation of this convergence.
• This module uses verification and authentication features like Aadhaar Authentication and e-KYC, Mobile Number Validation through OTP and on-spot photography of beneficiaries.
• It ensures seamless workflow from ULB till the State Nodal Agency (SNA) of PMFME and also enables online approval of eligible applications.
• This module sends SMS on the registered mobile of beneficiary to update application status.