Centre of Excellence For Aspiring SMEs

A Joint Initiative by FISME, IFCI Ltd

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Raising and Accelerating MSME Performance (RAMP)

Scheme Objective

  • Accelerating Centre- State collaboration in MSME promotion and development
  • Enhancing effectiveness of existing MoMSME schemes for technology upgradation
  • Strengthening Receivable Financing Market for MSMEs
  • Enhancing effectiveness of Credit Guarantee Trust for Micro & Small Enterprises (CGTMSE), and promoting guarantee for greening initiatives of MSEs, and women owned MSEs
  • Reducing incidence of delayed payments to MSEs
  • Target Beneficiaries

    RAMP scheme envisages to benefit more than 5.5 lakh MSMEs during the programme period (FY 2022-23 to 2026-27). The programme implementation will be through the State agencies.

Scheme Details

RAMP is a World Bank supported Central Sector Scheme aimed at improving access of MSMEs to market, finance and technology upgradation by enhancing the outreach of existing MoMSME schemes. The programme also aims at strengthening institutions at the Central and State level, and enhancing Centre-State collaboration.

Key Benefits

RAMP scheme would enhance the performance of MSMEs by promoting technology upgradation, innovation, digitization, market access, credit, greening initiatives, etc through active participation of the State Governments.

Scheme Applicable For

Individual MSMEs through State Government/Agencies

Where to apply

A separate RAMP portal will be developed shortly, with all guidelines etc.