The West Bengal Food Processing Incentive Scheme (WBF PIS), 2021 is a government initiative to promote the growth and development of the food processing industry in West Bengal. The scheme aims to provide financial assistance to micro food processing units, groups, and cooperatives for setting up or expanding their businesses. The scheme is designed to support the development of the food processing sector in the state and create employment opportunities for the local population.
Eligible sectors: All Micro Food processing units involved in Food processing sectors like fruits & vegetables, bakery and confectionary, milk/meat/poultry/fish products, cereal/other consumer food products, flour/pulse/oil milling and such other agri-horti sectors including food flavours, colours, oleoresins, spices, coconut, honey, mushrooms. A Micro enterprise is where the investment in Plant and Machinery or Equipment does not exceed Rupees One crore and turnover does not exceed Rupees five crores.
The scheme shall be financed completely from State Government funds. The main expenditure under the proposed scheme is credit linked back ended grant-in-aid @40% of the total cost of plant and machineries of a micro food processing enterprise, subject to a maximum limit of Rs.10 lakh per unit.
Applications are to be made online through the website www.wbfpih.gov.in at least 60 days before start of commercial production process and hard copies of all documents shall have to be submitted in the Directorate of Food Processing Industries.
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