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.

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