MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products — Frequently Asked Questions
Answers to the questions founders most often ask about MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the primary objective of the PLI Scheme for Millet Based Products?
The objective is to increase millet usage in food products, promote value addition, and incentivize the manufacture and sale of selected millet-based products in domestic and export markets.
Who is eligible to apply for this scheme?
Companies engaged in or intending to manufacture eligible packaged and branded Ready-to-Cook (RTC) or Ready-to-Eat (RTE) millet-based products in India are eligible. Both MSMEs (with Udyam Registration) and large entities can apply, provided they meet sales growth and financial health criteria.
What kind of financial incentive is offered?
The scheme offers an incentive on incremental sales of eligible products. The rate is 10% initially, reducing to 8% in later years. Large entities can receive up to ₹100 crore, and MSMEs up to ₹40 crore, over the scheme period.
What are the key product requirements for eligibility?
Eligible products must be packaged and branded Ready-to-Cook (RTC) or Ready-to-Eat (RTE) food products. They must contain more than 15% millet content by weight/volume, and the entire manufacturing must occur in India.
Is there a minimum sales growth required to receive the incentive?
Yes, applicants must achieve a minimum Compound Annual Growth Rate (CAGR) of 10% on sales of eligible products from a defined base year. If the growth rate is not met for a particular year, no incentive is payable for that year.
How is the application processed and approved?
Applications are submitted online after the release of an Expression of Interest (EOI). The Project Management Agency (PMA) conducts a prima facie examination and detailed evaluation, then forwards recommendations to MoFPI for final approval. MoFPI aims to approve within 90 days from the application window closure.
How much funding can I get?
MSMEs can receive up to ₹40 crore, and large entities up to ₹100 crore, over the scheme's duration. The incentive is based on incremental sales multiplied by the applicable rate.
Is there an application deadline?
The scheme is rolling, with EOIs released periodically. Applicants must apply within the specified application window once an EOI is announced.
Does the scheme take equity?
No, the scheme provides a financial incentive (subsidy) on incremental sales. It does not take equity in your company.
What documents are typically needed for application?
Required documents typically include incorporation documents, financial statements, Udyam registration (for MSMEs), product details, manufacturing site details, and an audit consent undertaking.
Is DPIIT recognition required for MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products, though having it can strengthen your application and unlock other benefits.
Who offers MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products?
MoFPI Millet PLI Scheme — Up to ₹100 Cr Incentive for Millet-Based Food Products is offered by Ministry of Food Processing Industries (MoFPI), a government body. It is provided as non-dilutive funding.
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