Question: What are the eligibility criteria for Raising And Accelerating MSME Productivity (RAMP)?

Answer: Here are the eligibility criteria for Raising And Accelerating MSME Productivity (RAMP):

criteria for each scheme.Can An MSME Apply For The RAMP Scheme Offline?No, the application process for the RAMP
scheme is completely online.What Is The Role Of The MSME Development Institutes (MSME-DIs) In The RAMP Scheme?The MSME
Development Institutes (MSME-DIs) are the nodal agencies for the RAMP scheme and are responsible for the verification of the
applications and the disbursement of financial assistance.What Are The Benefits Of The RAMP Scheme?The benefits of the RAMP
scheme include financial assistance, support for enhancing productivity and competitiveness, and access to markets and technology.Can
An MSME Apply For The RAMP Scheme For A Project That Has Already Started?No, an MSME cannot apply for the RAMP scheme
for a project that has already started. The project should be a new project or an ongoing project that has not yet started.Can An MSME
Apply For The RAMP Scheme For A Project That Has Already Been Completed?No, an MSME cannot apply for the RAMP scheme for
a project that has already been completed.Sources And ReferencesMSME Insider (July 2022)Environmental And Social Systems
Assessment (ESSA) Of RAMPEditorial - Invest India OutlookCabinet Approves USD 808 Million For â€œRaising And Accelerating
MSME Performanceâ€​OkWas this helpful?News and UpdatesNo new news and updates availableShareSomething went wrong. Please
try again later.OkYou need to before applying for schemesCancelIt
seems you have already initiated your application earlier.To know more please visit CancelApply NowMinistry Of
Micro, Small and Medium EnterprisesRaising And Accelerating MSME Productivity
(RAMP)EntrepreneurshipMSMEDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked
QuestionsLaunched on 30th June 2022 by the Hon'ble Prime Minister of India, "Raising and Accelerating MSME Productivity (RAMP)"
is a Central Sector Scheme by the Ministry of Micro, Small & Medium Enterprises. The scheme aims to scale up the implementation
capacity and coverage of MSMEs in the States, with impact enhancement of existing MSME schemes. It will complement the Atma
Nirbhar Bharat Mission by fostering innovation, encouraging ideation, and incubating new business and entrepreneurship by developing
quality standards, improving practices and processes, enhancing market access, deploying technological tools, and Industry 4.0 to make
MSMEs competitive and self-reliant. ï»¿The scheme shall implement regulatory, financial, and implementation reforms as well as firm-
level access reforms to provide targeted interventions to MSMEs across recognized challenge areas. In addition to building the Ministry
of MSMEâ€™s capacity at the national level, the RAMP program will seek to scale up implementation capacity and firm coverage in the
states of Gujarat, Maharashtra, Punjab, Rajasthan, and Tamil Nadu. ï»¿RAMP targets improvement in the performance of 5.55 lakh
MSMEs, and aims to enhance access to market and credit by strengthening institutions, enhancing center-state partnerships, addressing
issues of delayed payments and greening of MSMEs, and ramping up implementation capacity and MSME coverage in states, with
impact enhancement of existing MSME schemes. The total outlay for the scheme is â‚¹ 6,062.45 crore out of which â‚¹ 3,750 crore would
be a loan from the World Bank and the remaining â‚¹ 2312.45 crores would be funded by India. The duration of the scheme is five years
(2021-22 to 2025-26).OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital India
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24303714Last Updated On : 28/03/2024 | v-2.1.1