ODOP Scheme provision sanction
- 12:00 AM - 11:59 PM
One District One Product, the Central government scheme that has become popular in rural Tamil Nadu, has found happy beneficiaries in Tiruvannamalai! With financial assistance from District Industrial Support, seven entrepreneurs engaged in groundnut oil production have formulated individual business plans, with the help of TNRTP.
ODOP is part of the PM Formalisation of Micro Food Processing Enterprises (PMFME). It aims to promote local indigenous products and crafts of each district through various development initiatives. Credit-linked grant of up to Rs.10 lakh (with 30% subsidy) will be given to existing unorganised food processing units for upgrading, and also for new projects run by self-help groups and farmer producers’ organisations.
All project units in districts are facilitating and supporting beneficiaries in the district to avail this schemes. The General Manager of banks, Lead bank GM, District Industries Centre, along with Deputy Director and Executive Officer in marketing, interviewing and shortlisting entrepreneursMore such Districts stories to appear soon