Production Linked Incentive Scheme for Millet Based Products 2026: Financial Incentive on Incremental Sales

At a glance

About the scheme

The Production Linked Incentive Scheme for Millet Based Products (PLISMBP) is a government initiative by the Ministry of Food Processing Industries to promote the use and value addition of millets in food products. It encourages manufacturers to increase production and sales of millet-based packaged and branded Ready-to-Cook and Ready-to-Eat products by providing financial incentives linked to incremental sales over a base year. The scheme runs for five years and supports both domestic and export markets, with incentives disbursed through direct bank transfers after evaluation and approval of applications.

Benefits

• Incentive provided on incremental sales of eligible millet-based food products.
• Incentive calculated as Incremental Sales multiplied by the applicable rate of incentive.
• Incentive rate is 10% in initial years, reducing to 8% in later years.
• Maximum incentive limit is ₹100 crore for Large Entities and ₹40 crore for MSMEs during the scheme period.
• Applicable only to packaged and branded Ready-to-Cook (RTC) or Ready-to-Eat (RTE) products with more than 15% millet content by weight or volume.
• Incentive payable only if minimum 10% Compound Annual Growth Rate (CAGR) in sales is achieved.
• Incentive disbursed via Direct Bank Transfer through PFMS within 60 days of claim submission.

Who can apply (eligibility)

• Applicant must have total sales of all food products above minimum sales in the base year.
• Udyam Registration Certificate mandatory for MSME applicants.
• Applicants must be engaged in or intending to manufacture eligible products in India and sell them.
• Minimum 10% CAGR on sales of eligible products from base year required to receive incentive.
• Eligible products must be declared at application; new products cannot be added later.
• Entire manufacturing process of eligible products must occur in India, except additives, flavours, and edible oils.
• Applicant or promoters must not appear in wilful defaulter or defaulter lists or be declared bankrupt or fraud by financial institutions.
• Applicants can be Proprietorship Firms, Partnership Firms, LLPs, Companies, Cooperatives, or MSMEs registered in India.

Documents required

• Application Form (Annexure-1)
• Memorandum and Articles of Association / Partnership Deed / Equivalent Registration Documents
• Shareholding Pattern / Details of Partners
• Audited Financial Statements for last 3 years including Balance Sheet and Schedules
• Profit Before Tax (PBT) and Profit After Tax (PAT) details for last 3 years
• Permanent Account Number (PAN)
• Goods and Services Tax (GST) Registration Certificate
• Udyam Registration Certificate (for MSME applicants)
• FSSAI License for eligible products
• Certificate from Statutory Auditor / Independent Chartered Accountant on sales of all food products and eligible products
• Details of sales (domestic and export) of food products and eligible products
• Product details with declaration of percentage of millet content
• Front and back photographs of eligible products showing millet content on label
• Credit history / Commercial CIBIL report
• Undertaking for integrity compliance (Annexure-7)
• Consent for audit of manufacturing sites/offices (Annexure-6)
• Details of manufacturing facilities (own and contract manufacturing units)
• Details of promoters, CEO, directors, and key managerial personnel with PAN/DIN
• External credit rating details if available

How to apply

1. 1Wait for release of Expression of Interest (EOI) by Ministry of Food Processing Industries.
2. 2Access the online application portal maintained by the Project Management Agency (PMA) at https://plimofpi.ifciltd.com.
3. 3Fill in the Application Form with all required details including applicant and project proposal.
4. 4Upload all required supporting documents as specified.
5. 5Provide details of manufacturing sites including own and contract manufacturing facilities.
6. 6Submit undertaking for audit consent of manufacturing sites/offices in prescribed format.
7. 7Pay the application fee online before the application window closes (₹1,00,000 for Large Entities, ₹10,000 for MSMEs) via NEFT/RTGS.
8. 8Submit the application online within the application window; no physical submissions accepted.
9. 9Receive unique Application ID upon successful submission for future reference.
10. 10PMA conducts prima facie examination of application within 15 working days.
11. 11PMA evaluates application and forwards recommendations to Ministry for approval.
12. 12Ministry approves applications within 90 days from application window closure, subject to completeness.
13. 13PMA issues approval letter to selected applicants within 5 working days after approval.
14. 14Selected applicants submit annual claims for incentive disbursement with required documents each financial year.

Frequently asked questions