Raising and Accelerating MSME Performance (RAMP) – UPSC Prelims

Ministry : Ministry of MSME
  • Scheme would commence in FY 2022-23.
  • It is a World Bank assisted Central Sector Scheme.
  • Aims:
    • Improving access to market and credit
    • Strengthening institutions and governance at the Centre and State
    • Improving Centre-State linkages and partnerships
    • Addressing issues of delayed payments and greening of MSMEs
  • The overall monitoring and policy overview of RAMP would be done by an apex National MSME Council.
  • The council will be headed by the Minister for MSME, including representation from various Ministries and supported by a secretariat.
  • The disbursement of funds from World Bank towards RAMP would be made on fulfilling the following Disbursement Linked Indicators:
    • Implementing the National MSME Reform Agenda
    • Accelerating MSME Sector Centre-State collaboration
    • Enhancing effectiveness of Technology Upgradation Scheme (CLCS-TUS)
    • Strengthening Receivable Financing Market for MSMEs
    • Enhancing Effectiveness of Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) and “Greening and Gender” delivery
    • Reducing the incidence of delayed payments
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