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“Raising and Accelerating MSME Performance ( RAMP )” is a World Bank-supported Central Sector strategic initiative to enhance the performance of Micro, Small, and Medium Enterprises (MSMEs) in India. On 30th June 2022, the Prime Minister launched the five-year ‘Raising and Accelerating MSME Performance’ ( RAMP ) scheme to strengthen India’s Micro Small and Medium Enterprises (MSME) sector. It is a World Bank-assisted central government program announced in the Union Budget of 2022-23 with the outlay of INR 6,062.45 crore, of which INR 3750 crore would be loaned by the World Bank and the remaining 2312.45 crore would be contributed by the Indian government. It targets improvement in ... RAMP Scheme is a World Bank assisted Central Sector Scheme, supporting various CoronaVirus Disease 2019 (Covid) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME). Automate accounts payable with Ramp Bill Pay. Our accounts payable software simplifies invoices, approvals, and vendor payments—now with AI agents.
