One District-One Product scheme: 3 MEUs approved in Valley

STATE TIMES NEWS

SRINAGAR: In order to encourage and provide infrastructural support to potential groups and cooperatives to formalize their Micro Enterprises, the District Development Commissioner (DDC) Srinagar, Mohammad Aijaz Asad today approved 03 Micro Enterprise Units (MEUs) for Micro Food Processing Enterprises Scheme (PM-FME scheme) under “One District-One Product”(ODOP) scheme under Atam Nirbhar Bharat. “Under ODOP scheme, the Srinagar district has been assigned “Packed Bakery Products” under which 10 applications were received online through PM-FME portal by the District Resource persons and after proper physical verification out of 10 applications, 07 were taken up in DLC meeting wherein 03 Units qualified for availing 35 percent subsidy on maximum loan upto 10 lakh per beneficiary as per the scheme.

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