Central Idea

Union Minister for MSME launched three sub-schemes under the RAMP (Reforms and Acceleration in MSME Performance) programme.

About RAMP Programme

	Details
About	World Bank assisted Central Sector Scheme.
Launch	FY 2022-23
Supported By	Ministry of Micro, Small and Medium Enterprises (MoMSME), Government of India.
Primary Aim	– Improve access to market and credit for MSMEs. – Strengthen institutions and governance. – Enhance Centre-State linkages and partnerships. – Address delayed payments and promote greening of MSMEs.
Key Components	– Preparation of Strategic Investment Plans (SIPs) by states/UTs. – Apex National MSME Council for monitoring and policy overview.

	MSME Green Investment and Financing for Transformation Scheme (MSME GIFT Scheme)	MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE Scheme)	MSE Scheme on Online Dispute Resolution for Delayed Payments
Objective	To assist MSMEs in adopting green technology.	The government’s first scheme to support circular economy projects in the MSME sector.	Combines legal support with IT tools and Artificial Intelligence to address delayed payments issues.
Support Mechanisms	Offers interest subvention and credit guarantee support.	Aims to achieve zero emissions by 2070 through credit subsidy.	Focused on aiding Micro and Small Enterprises.
Unique Features	– Encourages eco-friendly practices in MSMEs. – Financial incentives for green technology adoption.	– Promotes sustainable and eco-friendly business models. – Supports long-term environmental goals.	– Innovative use of technology for dispute resolution. – Aims to streamline payment processes and reduce conflicts.