What is RAMP Scheme?

Raising and Accelerating MSME Performance (RAMP) scheme is a World Bank-assisted central sector program to strengthen India’s Micro Small and Medium Enterprises (MSME) sector.

 

The program aims to improve access to market and credit, strengthening institutions, enhance Centre-state partnerships, address issues of delayed payments and greening of MSMEs, and ramp up implementation capacity and MSME coverage in states.

Components

The scheme includes the preparation of Strategic Investment Plans (SIPs), in which all states and union territories will be invited.

An apex National MSME Council would conduct overall monitoring and policy review of RAMP scheme. It would be headed by the Minister for