SEED CAPITAL MODULE ON DAY-NULM MIS PORTAL

SEED CAPITAL MODULE ON DAY-NULM MIS PORTAL

Context:

The Ministry of Food Processing Industries, Government of India, in association with the Ministry of Housing and Urban Affairs, under the Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme, virtually launched the Seed Capital Module on Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) MIS Portal for seed capital assistance to members of urban Self Help Groups working in the food processing sector in India.

About the Portal:

• The seed capital portal can be accessed at https://nulm.gov.in/Auth/Login.aspx for Self Help Groups to get the seed capital assistance of Rs.40,000 per SHG member under the PMFME Scheme.

Key Provisions of PMFME Scheme:

• Urban SHG members which are engaged in Food Processing activities would be sensitized and motivated about the PMFME scheme to take the benefits of seed capital for buying small tools and working capital.
• The scheme is launched under the Aatmanirbhar Bharat Abhiyan, aims to empower self-help groups.
• It aims to enhance the competitiveness and promote the formalization of the unorganized micro—food processing enterprises in India.