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The year 2020 was a difficult year for majority of businesses in India and worldwide. COVID-19 induced lockdowns caused many businesses, especially MSMEs to shut the operations temporarily, which led to huge losses. To have a smooth recovery, the Government of India has launched several schemes – Emergency Credit Line Guarantee (ECLG) scheme, PM SVANidhi Yojana for hawkers, etc., which turned out to be a boon for micro businesses. The Government of India along with the World Bank further went on to launch the RAMP scheme for MSMEs or Raising and Accelerating MSME Performance programme on June 30, 2022.

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This article will explain the meaning of the RAMP scheme, its objectives and key result areas of the RAMP programme and more.

To learn more about the RAMP scheme for micro, small and medium businesses, visit:

What is the RAMP scheme?

The full form of the RAMP scheme for MSMEs stands for: Raising and Accelerating MSME Performance.

The programme was launched for improving the performance of MSMEs by improving access to technology and knowledge. It also aims at improving collaboration at the central and state levels.

RAMP seeks help from the World Bank. The total outlay of the scheme is ₹6062.45 crore ($808 Million). Out of this, ₹3750 crore ($500 million) will be obtained through the World Bank as a loan.

In other words, it is a World Bank assisted central programme that aims at improving MSMEs performance. It can be enabled through the making funds available, training, certifications, and so on.

What are the objectives of the RAMP scheme?

As per the guidelines of the RAMP Programme, the key objectives of the scheme include the following.

  • Improving access to the market and credit for MSMEs
  • Improving collaboration between institutions at the central and state level
  • Enhancing access to Online Dispute Resolution Mechanism (ODR)
  • Bringing technology upgrades through integrating technology platforms
  • Improving greening of MSMEs
  • Reducing incidents of delayed payments

How is the RAMP programme being implemented?

In order to achieve the objectives of the RAMP programme, the government of India has various supporting schemes. They include:

  • MSME CGTSME scheme: Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTSME) scheme is aligned with RAMP’s objective of improving access to credit for MSMEs. It offers collateral free loans to first-generation entrepreneurs for setting up their own micro or small business units. A loan amount of up to ₹500 lakh can be obtained as a loan under this scheme.
  • MSME Innovation or MSME Innovative scheme: This MSME Innovative scheme supports the RAMP programme by offering access to technology and innovation. The MSME Innovation is a consolidation of incubation, design and intellectual property rights (IPR) schemes of the Ministry of MSMEs. The scheme encourages MSMEs to innovate in the incubation stage with design intervention and help protect it through IPR.
  • MSME Samadhaan scheme: Delayed payment is one of the serious concerns of MSMEs. To reduce the impact, the government of India has launched MSME Samadhaan scheme. This initiative is aligned with the RAMP programme and helps to achieve the objective of reducing payables received. Distressed MSMEs can raise a complaint against payment defaulter on the MSME Samadhaan portal. This platform is established to resolve MSME’s problem of delayed payment, which will further improve their cashflow.
  • ZED scheme: The ZED certification scheme aims at achieving zero defect, zero effect and is aligned with the RAMP programme for bringing sustainability and greening of the Indian manufacturing sector. MSMEs can achieve certification in three categories – Bronze, Silver and Gold. The Ministry of MSME also provides training for basic information and document upload for the Bronze level certification. ZED certified companies receive several benefits.
  • Procurement and Marketing Support Scheme: In order to improve access to markets, the government has introduced Procurement and Marketing Support Scheme. This scheme offers support in participation in trade fairs and exhibitions. This opens up new markets for MSMEs.
  • International Co-operation Scheme: The International Scheme offers market development assistance and capacity building for first time exporters (CBFTE). The scheme is instrumental in developing new global markets. It also assists first time exporters in several ways such as meeting monetary requirements, procedural support, adhering to compliances, etc.

What is Strategic Investment Plan (SIP) under the RAMP scheme?

As per the guidelines of the RAMP programme, all states and union territories (UT) are invited to prepare a Strategic Investment Plan or SIP for the respective state/UT.

The SIP will act as a roadmap to assist MSMEs and help them grow. With the SIP, states are expected to identify the challenges of MSMEs and develop a holistic support programme. Importantly, it should address the current challenges of the MSMEs and also focus on emerging challenges.

Features of the RAMP programme

The government of India is aiming at accelerating the growth of MSMEs through the RAMP programme. Here are some of the key features of the RAMP programme for MSMEs from a broader perspective.

  • Holistic growth: The scope of the RAMP programme is wide, and its scope is not limited addressing a particular issue. In fact, it focusses on addressing many challenges that MSMEs are facing including delayed payments, access to new markets, marketing, greening MSMEs, technology adoption and so on. Therefore, it helps in achieving overall growth.
  • Employment generation: By assisting new entrepreneurs to set up their businesses and helping existing entrepreneurs grow, the RAMP programme indirectly creates job opportunities in the country.
  • Achieving the mission of self-reliant India: The holistic growth of MSMEs is aligned with the Aatmanirbhar Bharat initiative. Technological advancements, sustainability, production of quality products, exploring new markets, and so on eventually align with the broader mission of Aatmanirbhar Bharat.

Closing thoughts

India celebrates MSME day on 27 June, to recognise its potential and contribution. Considering that MSMEs are considered the backbone of the Indian economy, it is not surprising for the government to take initiatives for its development and growth. The RAMP programme as such is not a single scheme but a holistic initiative for the growth of Indian MSMEs.

As an MSMEs, you can take advantage of any of the scheme that suits your business the best.

Also Read:
MSME Sampark scheme
SIDBI Loan schemes for MSMEs
MSME Innovative scheme
MSME Samadhaan

Swati Deshpande

Swati is a passionate content writer with more than 10 years of experience crafting content for the business and manufacturing sectors, and helping MSMEs (Micro, Small and Medium Enterprises) navigate complexities in steel procurement, and business services. Her clear and informative writing empowers MSMEs to make informed decisions and thrive in the competitive landscape.