https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Government Boosts Millet-Based Products with Rs 800 Crore PLI Scheme

Thirty beneficiaries were initially enrolled in the PLI Scheme for Millet-Based Products. Following the withdrawal of one beneficiary, there are now 29 beneficiaries.
Indian Masterminds Stories

To boost the adoption of millets in food products and encourage value addition in the millet-based food processing sector, the Government of India introduced the Production-Linked Incentive Scheme for Millet-based Products (PLISMBP). This scheme, spanning FY 2022-2023 to FY 2026-2027, is supported by an outlay of ₹800 crore. By removing the threshold investment requirement, the initiative has been made more inclusive, allowing broader participation. Companies selected under the scheme must achieve a minimum year-on-year sales growth of 10% over the base year to qualify for incentives. It focuses on promoting the sales of branded Ready-to-Eat and Ready-to-Cook products in consumer packs containing over 15% millet by weight or volume.

Thirty beneficiaries were initially enrolled in the PLI Scheme for Millet-Based Products. Following the withdrawal of one beneficiary, there are now 29 beneficiaries. According to the scheme guidelines, only domestically sourced agricultural products (excluding additives, flavours, and oils) must be used in the preparation of millet-based products. This requirement has boosted local production and procurement of agricultural produce, which has benefitted farmers.

The scheme has a tenure of five years. The claims in respect of the first performance year (FY 2022-2023) were required to be filed in FY 2023-2024. 19 applicants submitted incentive claims, and ₹3.917 crore has been disbursed to the eligible applicants so far.

The government has introduced several measures to enhance the implementation of the Production-Linked Incentive Scheme for Millet-Based Products (PLISMBP). These measures include the establishment of a user-friendly portal and the creation of dedicated groups for prompt issue resolution. Clarifications on scheme guidelines have been issued from time to time to facilitate easy understanding of the scheme guidelines. Moreover, regular monitoring and evaluation mechanisms have been instituted, and technical assistance is provided through dedicated teams to facilitate smooth implementation of the scheme. Additionally, weekly meetings with applicants are held to ensure effective communication and progress tracking.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
startup
Over 1 Lakh Women-Led Startups in India Signal Strong Growth in Gender-Inclusive Entrepreneurship
Election Commission of India (ECI)
ECI Deputes 34 Punjab IAS and IPS Officers for Election Duty, Administrative Challenge for Bhagwant Mann Government
Print Advertisement Rate Hike
I&B Ministry Proposes 40 IIS Posts in Foreign Missions to Boost India’s Global Media Outreach
Highway road
Gujarat Coastal Highway Project: Surat–Bharuch Ports to Be Linked, Distance to Shrink by 15 KM with ₹356 Crore Boost
dhami
Uttarakhand CM Pushkar Singh Dhami Approves ₹75 Crore for Cyber Security, Roads, and Social Development
Thiruparankundram Deepam Controversy
Thiruparankundram Deepam Controversy: Madras High Court Halts Contempt Action, Key Hearing Set for April
Global Attaché Summit 2026
₹30,000 Crore Defence Exports & AI Push: Inside India’s Explosive Defence Tech Surge Strategy Unveiled at Global Attaché Summit 2026
Port Crane Manufacturing Scheme
India Masterstroke: Homegrown Port Crane Manufacturing Policy and Its Role in Reducing China Dependence
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-16 at 4.18
What Happens After Terror Strikes? Surinder Choudhary Explains the Reality of Counter-Terror Operations
beno zephine
India’s First Visually Impaired IFS Officer on Diplomacy, Inclusion and Changing the System
WhatsApp Image 2026-03-02 at 10.22
Beno Zephine: India’s First 100% Visually Challenged IFS Officer Who Rewrote the Rules of Diplomacy | EXCLUSIVE
ADVERTISEMENT
UPSC Stories
Bhavika Chopra AIR 25 UPSC CSE 2025
How Abhijit Banerjee & Esther Duflo Inspired Bhavika Chopra to Crack UPSC
Bhavika Chopra secures AIR 25 in UPSC 2025, inspired by Abhijit Banerjee and Esther Duflo. Explore her...
Sreeja JS UPSC CSE 2025 AIR 57
She Wrote Her Dream on a Wall—Years Later, Sreeja JS Achieved AIR 57 in UPSC
Sreeja JS secured AIR 57 in UPSC 2025 with a dream written on her wall. Read her inspiring journey, strategy,...
hjhjhjhjjhbnbdfdrtg
How Bhadohi’s Daughter Ifra Shams Ansari Overcame Failure, Anxiety, Self-Doubt and Pressure to Secure AIR 24 in UPSC | Exclusive
Bhadohi’s Ifra Shams Ansari secured AIR 24 in UPSC CSE 2025 after overcoming failure, anxiety and self-doubt,...
CSR NEWS
NRL
Numaligarh Refinery Wins Dual Honours for Operational Innovation and CSR at Governance Now PSU Awards 2026
NRL Recognized for Operational Excellence and Community Impact, Strengthening Its Role in India’s Energy...
bpcl
PM Narendra Modi Lays Foundation Stone for ₹5,514 Crore Polypropylene Plant at BPCL Kochi Refinery
400 KTPA Petrochemical Project to Boost Domestic Polymer Production, Support MSMEs and Strengthen India’s...
NLC-INDIA-resized-neyvili
NLC India Receives ACUITE AAA Stable Rating for ₹1,000 Crore ECB, ₹950 Crore Term Loan Reaffirmed
Navratna PSU NLC India Limited Secures Top Credit Rating from Acuité Ratings & Research Limited,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Bhavika Chopra AIR 25 UPSC CSE 2025
How Abhijit Banerjee & Esther Duflo Inspired Bhavika Chopra to Crack UPSC
startup
Over 1 Lakh Women-Led Startups in India Signal Strong Growth in Gender-Inclusive Entrepreneurship
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-16 at 4.18
beno zephine
WhatsApp Image 2026-03-02 at 10.22
ADVERTISEMENT
ADVERTISEMENT