How Did Two Brothers in Bihar Leverage the PMFME Scheme to Establish a Kurkure Factory?
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Synopsis
Two brothers from Motihari, Bihar, have transformed their lives and their community by establishing a successful Kurkure factory with the help of the PMFME scheme. Their journey showcases the power of entrepreneurship and government support.
Key Takeaways
- PMFME Scheme: A vital initiative for micro-enterprises.
- Entrepreneurship: A path to economic growth and employment.
- Local Impact: Creating jobs in the community.
- Success Story: The Jaiswal brothers' inspiring journey.
- Government Support: Essential for small business development.
Motihari (Bihar), May 25 (NationPress) The Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme is a significant initiative by the Central government aimed at tackling the hurdles encountered by micro-enterprises and promoting their development.
In the Motihari district of Bihar, two enterprising brothers have set an inspiring example by successfully establishing a small-scale business. They launched a Kurkure factory with the support of the PMFME scheme, generating income and providing job opportunities.
The PMFME scheme is designed to assist aspiring youths in launching their small-scale ventures, enabling them to harness the talents of local youth and co-operatives.
Vijay and Sanjay Jaiswal, both from Motihari, secured a loan and subsidy through this scheme, and they are not only building their own future but also offering employment to others.
With the financial backing from the scheme, they initiated a Kurkure factory, where their hard work has led to exports to international markets.
The Jaiswal brothers have provided jobs to numerous individuals within their facility.
Sanjay Jaiswal, the younger brother and factory operator, stated, "After finishing my intermediate education, I sought employment in major cities but faced challenges. Upon learning about this government scheme, I grasped its potential and chose to establish a Kurkure factory."
Elder brother Vijay Jaiswal remarked, "We began strategizing to set up this plant six to seven months ago. Securing the necessary capital was a challenge for an average family. We applied for a loan of Rs 10 lakh 88 thousand under the PMFME scheme, and it was approved."
"We are successfully managing the factory. I urge the youth not to squander time on jobs; instead, they should venture into business. Every business has the potential to thrive, starting from modest beginnings. We express our gratitude to the Prime Minister for this initiative," he added.
Sanjay Kumar, a factory worker, shared, "Previously, I performed similar tasks in Delhi, but now I am doing it in Motihari. The benefit is that I can take leave every month or two to visit my family in Saharsa. We appeal to the Prime Minister to continue providing such small loans, as they are crucial for the future of Bihar."
Point of View
It is imperative to recognize the pivotal role that government initiatives like the PMFME scheme play in empowering micro-entrepreneurs. These programs not only address employment challenges but also foster innovation and economic growth, crucial for regions like Bihar.
NationPress
08/06/2025
Frequently Asked Questions
What is the PMFME scheme?
The PMFME scheme, or Prime Minister Formalisation of Micro Food Processing Enterprises, is a government initiative aimed at supporting the growth of micro-enterprises in the food processing sector.
How did the Jaiswal brothers start their factory?
The Jaiswal brothers started their Kurkure factory by obtaining a loan and subsidy through the PMFME scheme, enabling them to secure the necessary capital.
What impact has the factory had on the local community?
The factory has not only provided employment to dozens of local youths but has also inspired others to consider entrepreneurship as a viable career path.
What advice do the Jaiswal brothers have for young entrepreneurs?
They encourage youth to invest their time in starting a business rather than seeking traditional jobs, emphasizing that every business can grow from humble beginnings.
How can one apply for the PMFME scheme?
Individuals interested in applying for the PMFME scheme can visit the official government website or local financial institutions for guidance on the application process.
