Module: General Practice
Q86: What is the primary objective of the "RAMP" (Raising and Accelerating MSME Performance) scheme, which is a World Bank-assisted program?
✅ Correct Answer: B
RAMP is a World Bank-assisted Central Sector Scheme launched in 2022.
Its objective is "System Strengthening." It aims to improve the performance of MSMEs by improving Centre-State collaboration, enhancing the capacity of the MSME Ministry, improving access to credit and markets, and facilitating the greening of MSMEs (technology upgradation). Unlike PMEGP (which is for credit-linked subsidy for setting up units), RAMP is a strategic intervention to fix the ecosystem and policy implementation capacity.
Its objective is "System Strengthening." It aims to improve the performance of MSMEs by improving Centre-State collaboration, enhancing the capacity of the MSME Ministry, improving access to credit and markets, and facilitating the greening of MSMEs (technology upgradation). Unlike PMEGP (which is for credit-linked subsidy for setting up units), RAMP is a strategic intervention to fix the ecosystem and policy implementation capacity.