Business Standard

Final call soon for states and UTs to avail of MSME scheme benefits

The scheme aims to foster a favourable environment for MSMEs to flourish, thus playing a crucial role in strengthening India's economy and generating employment opportunities

SIP, mutual fund, investment

Harsh Kumar New Delhi

Listen to This Article

The Central government is planning to issue a final call to four states and seven Union Territories (UTs) which are yet to submit their strategic investment plan (SIP) to avail funds to revitalise the micro, small and medium enterprises (MSMEs), a senior government official said.

In her 2022 Budget speech, Union Finance Minister Nirmala Sitharaman had announced the Raising and Accelerating MSME Performance (RAMP) scheme as part of the government’s effort to revive the MSME sector after the pandemic shock. All States and UTs were told to develop and submit a strategic investment plan (SIP) to get

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 08 2024 | 8:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to