CA KAMAL GARG

Market Momentum The Indian stock market struggled for direction due to concerns about  the US Federal Reserve's rate-hike trajectory,  while a drop in Adani Group company stocks dampened sentiment.  The decline in the dollar index may benefit emerging markets such as India,  but high valuations and  persistent foreign selling remains concerning.

What is PMFME Scheme?  Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme was launched under the Aatmanirbhar Bharat Abhiyan,  The Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Scheme is a centrally sponsored scheme that aims  to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and  to promote formalization of the sector and  provide support to Farmer Producer Organizations, Self Help Groups, and Producers Cooperatives along their entire value chain.  the scheme envisions to directly assist the 2,00,000 micro food processing units for providing financial, technical, and business support for up-gradation of existing micro food processing enterprises.    The Ministry of Food Processing Industries aims to encourage the micro food processing enterprises (MFPEs) across the country about the vision, efforts, and initiatives of the Government to formalis