Question
How much funding has been allocated for the RAMP Scheme
over a period of five years? Please read passage and the answer the following questions ( Q no 27 to 30) based on the passage. Promoting Micro, Small, and Medium Enterprises (MSMEs) in India is vital for the country's economic growth, job creation, and social development. MSMEs play a significant role in the Indian economy, contributing approximately 30% to the Gross Domestic Product (GDP) and accounting for nearly 50% of total exports. They are essential in fostering innovation, entrepreneurship, and inclusive growth, making them a cornerstone of India's economic landscape. The importance of promoting MSMEs can be understood through various dimensions, including economic development, job creation, innovation, regional development, and social inclusion. MSMEs are crucial for driving economic development in India. By contributing significantly to GDP, they help stimulate overall economic growth. The diverse range of products and services offered by MSMEs not only caters to domestic demand but also enhances India’s export capabilities. Promoting these enterprises helps in diversifying the economy, reducing dependency on large corporations, and creating a more resilient economic structure. Additionally, a thriving MSME sector attracts investment and fosters competition, leading to improved efficiency and productivity across industries. MSMEs are one of the largest sources of employment in India, providing jobs to millions of people, especially in rural and semi-urban areas. They have the potential to create a significant number of jobs relative to their size, making them essential for addressing unemployment and underemployment in the country. By promoting MSMEs, the government can create sustainable job opportunities, enhancing livelihoods and contributing to poverty alleviation. The growth of this sector not only helps absorb the large workforce entering the job market but also provides alternative employment opportunities for those in the informal sector.Solution
The RAMP Scheme has an allocation of ₹6,062.45 crore, aimed at enhancing the performance of the MSME sector over five years.
A journalist ________ unkindly remarked that there was nothing to Kolkata other ________ its heritage and its glorious past.
In each of the following sentences, two blanks have been left out. You are required to choose the correct pair of words from the given options that bes...
Select the most appropriate collocating word to fill in the blank.
Ram was praised for his________ leadership.
Fill in the blanks with appropriate words.
Farmers have ………… and shared seeds without any intellectual property rights for a century. <...
(A) The success of the project depended on the team's _____________ to meet the tight deadlines.
(B) The contract's _____________ in ensuring com...
Election campaigns often ____________ more heat than light, but this one was riddled with a string of controversies, which served to deflect attention ...
Indians are _____________ with corruption and exhausted by poverty. But therein lies the tension: Ending poverty needs a more adventurous state while en...
A man from the Japanese City of Osaka has _________ an internet star thanks to his great painting skills. The man has a degree in art but _____ to work ...
Ministers cannot _______ law and orders as an excuse to _______free expression.
She expressed …….. over how crimes ……….. women continue to increase despite ………..laws to protect women.
...
