Question
Recently The Government of India has launched a “
RAMP ” Scheme with an outlay of______?Solution
Government has launched a World Bank supported Central Sector Scheme called Raising and Accelerating MSME Performance ( RAMP ). The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre - State linkages and partnerships and improving access of MSMEs to market and credit, technology upgradation and addressing issues of delayed payments and greening of MSMEs . RAMP programme will be implemented over a period of five years . The total outlay for the scheme is ₹6,062 . 45 crore or USD 808 Million , out of which ₹3750 crore or USD 500 Million would be a loan from the World Bank and the remaining ₹2312 . 45 crore or USD 308 Million would be funded by the Government of India ( GoI ). Ministry of MSME Ministers responsible : Narayan Rane, Cabinet Minister; Bhanu Pratap Singh Verma, Minister of State .
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