Prime Minister Narendra Modi participated in the ‘Udyami Bharat’ programme and launched key initiatives like ‘Raising and Accelerating MSME Performance (RAMP) scheme, Capacity Building of First-Time MSME Exporters (CBFTE) scheme and new features of the Prime Minister’s Employment Generation Programme (PMEGP) to ramp up the MSME sector.

• The Raising and Accelerating MSME Performance(RAMP) scheme was launched with an outlay of around Rs 6000 crore.
• It is aimed at scaling up the coverage and implementation capacity of MSMEs across the states, along with the impact enhancement of existing MSME schemes.
• RAMP will complement the Aatmanirbhar Bharat Abhiyan, by encouraging innovation, ideation, entrepreneurship, improving practices & process, incubating new business by developing quality standards, enhancing market access, deploying technological tools and Industry 4.0 for making MSMEs competitive and self-reliant.