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Union Minister for Food Processing Industries Chirag Paswan inaugurated the PMFME Conclave 2026 and the PMFME Bazaar at the India Habitat Centre in New Delhi on Monday (24 August 2026), a two day event bringing together over 500 stakeholders under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme. The Ministry of Food Processing Industries signed three memoranda of understanding, with the Agricultural and Processed Food Products Export Development Authority (APEDA), the Open Network for Digital Commerce (ONDC) and NABKISAN Finance Limited, to widen export access, digital marketing and credit linkages for scheme beneficiaries. Over two lakh individual micro food processing enterprises have been credit linked under the scheme so far, about 80 per cent of them first generation entrepreneurs and 44 per cent women.