Union Budget 2022: Govt to roll out Rs 6000 cr RAMP program to increase efficiency in MSME sector

New Delhi, Feb 1 (KNN) For MSMEs to become more efficient, the Racing & Accelerating MSME Performance (RAMP) program with the outlay of Rs 6000 crore over 5 years will be rolled out, announced Finance Minister Sitharaman. 

It aims to help MSME sector to inculcate factors such as resilience, competitiveness and efficiency.

This initiative envisions to support MSMEs recover which were drastically hit by the consequences of the COVID -19 pandemic.