RAMP 

1. What is RAMP?

• “Raising and Accelerating MSME Performance” (RAMP) is a World Bank-assisted Central Sector Scheme.
• It has been launched to support various Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MSME).
• In addition to building the MoMSME’s capacity at the national level, the RAMP program will seek to scale up implementation capacity and MSME coverage in States.

2. Objective:

• The programme aims at improving access to market and credit, strengthening institutions and governance at the Center and State, improving Center-State linkages and partnerships, addressing issues of delayed payments and greening MSMEs.

3. Function of RAMP Scheme

RAMP will function as a:

• ‘’Policy Provider’’ through the enhanced capacity for evidence-based policy and program design, to enable the delivery of more effective and cost-efficient MSME interventions to improve competitiveness and business sustainability.
• “Knowledge Provider” through bench-marking, sharing and demonstrating best practices/success stories by leveraging international experiences.
• “Technology Provider” by providing access to high-end technology resulting in the digital and technological transformation of MSMEs through state of art Artificial Intelligence, Data Analytics, Internet of things (IoT), Machine Learning etc.