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Credit and Finance for MSMEs: Rs 6,062.45 crore World Bank assisted central government programme Raising and Accelerating MSME Performance (RAMP) was approved on Wednesday by the Cabinet chaired by Prime Minister Narendra Modi. Finance Minister Nirmala Sitharaman in her budget speech in February had announced the rollout of the programme in the coming five years. According to a Cabinet’s statement, RAMP would commence in the financial year 2022-23. The programme was announced back in 2020 by the government and the World Bank to support Covid-hit MSMEs in their business recovery.
To be updated…
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