NULM Assam Empowers 1551 SHGs with Rs. 11.73 Crore Seed Capital, Benefiting 4257 Members

Empowering Assam’s SHGs in Food Processing through Convergence of DAY-NULM and PM FME Schemes

The Ministry of Housing & Urban Affairs (MoHUA) has taken a momentous step to uplift Self-Help Groups (SHGs) in Assam engaged in food processing activities by seamlessly converging the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) with the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme of the Ministry of Food Processing Industries (MoFPI).

Under this strategic convergence, SHGs and SHG members with a minimum one-year experience in micro food processing activities in Assam are now eligible to apply for seed capital assistance at Rs. 40,000 per SHG member, up to a maximum limit.
The initiative reached a pinnacle during the World Food India 2023 event when the Hon’ble Prime Minister of India disbursed seed capital to approximately 1 lakh SHG members across all States and Union Territories with a single click on 3rd November, 2023. The enthusiasm of SHG members from selected cities, including Guwahati, Silchar, Dibrugarh, and Tezpur, was palpable as they actively participated in the event through video conference facilitated by the National Informatics Centre (NIC).

On the same day, an impressive amount of Rs. 12.65 crore was allocated by the AIDC, the nodal agency for PMFME, benefiting 1595 SHG enterprises (4574 SHG members). Of particular note is the swift action of NULM, Assam, which released Rs. 11.73 Crore to 1551 SHG enterprises in Assam, covering 4257 SHG members, on 9th November, 2023.

This concerted effort underscores the commitment to bolstering the livelihoods and capabilities of Assam’s SHGs in the crucial sector of food processing, fostering sustainable growth and economic resilience in the region.