Raising and Accelerating MSME Performance

On 30th March, 2022, the Union Cabinet approved a new programme- “Raising and Accelerating MSME Performance” (RAMP), which would commence in FY 2022-23.

RAMP was formulated and proposed by the Government of India, for strengthening MSMEs in line with the recommendations made by U K Sinha Committee, K V Kamath Committee and Economic Advisory Council to the Prime Minister (PMEAC).

About RAMP

  • It is a World Bank assisted Central Sector Scheme, supporting various Corona Virus Disease 2019 (COVID) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME).

Aim

  • Improving access to market and credit
  • Strengthening institutions and ....
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