Raising and Accelerating MSME Performance (RAMP)

1. The National MSME Council recently reviewed the progress of the RAMP programme.
2. About RAMP Programme
   1. Launched in 2022, it is a central sector scheme which is supported by the World Bank.
   2. Implemented by the Ministry of Micro, Small and Medium Enterprises for a 5-year period (2022–23 to 2026–27).
   3. Objective: To strengthen the implementation capacity, competitiveness, and coverage of MSMEs across India.
   4. Aim: Foster innovation & creativity, improve market access & business practices for MSMEs, promote sustainable initiatives (like greening) and support credit guarantees for women-owned micro and small enterprises.
   5. Key Features:
      1. Provides grants to States and Union Territories
      2. Funds are used for projects identified under a Strategic Investment Plan (SIP)
      3. Encourages state-level reforms and capacity building in the MSME ecosystem

FAQs

Q1. What is the RAMP programme? 

The RAMP programme is a central sector scheme launched in 2022, supported by the World Bank, and implemented by the Ministry of MSME.

Q2. What is the duration of the RAMP programme? 

It is being implemented for five years (2022–23 to 2026–27).

Q3. What are the objectives of the RAMP programme? 

To strengthen MSME implementation capacity, competitiveness, and coverage across India, while fostering innovation, improving market access, promoting sustainable initiatives like greening, and supporting credit guarantees for women-owned enterprises.

Q4. How does the RAMP programme function?

1. Provides grants to States and Union Territories
2. Funds projects identified under a Strategic Investment Plan (SIP)
3. Encourages state-level reforms and capacity building in the MSME ecosystem

Q5. Why is the RAMP programme significant? 

It represents India’s largest coordinated effort to boost MSME competitiveness, combining central support, state-level reforms, and international backing to strengthen the backbone of India’s digital economy.