Nine states get nod for strategic investment plan for MSME units

The Centre provides funding support for SIPs under the Raising and Accelerating MSME Performance (RAMP) scheme, which is a World Bank-supported central sector scheme with an outlay of Rs 6,062 crore over five years from 2022-23 to 2026-27.The scheme focuses on issues relating to MSMEs such as financing, marketing and upgrading technology. It was launched to enhance the outreach of existing schemes of the ministry of micro, small and medium enterprises through active state participation, thereby improving the performance of MSMEs.
Read The Rest at :