Raising And Accelerating MSME Productivity (RAMP)

Key facts

Benefit	Financial assistance for MSMEs to enhance productivity.
Who	Entrepreneurs registered under MSMED Act with valid UAN.
Implemented by	Ministry of Micro, Small and Medium Enterprises
Residence states	Gujarat, Maharashtra, Punjab, Rajasthan, Tamil Nadu
Application window	Open all year for eligible MSMEs

Benefits

Beneficiaries receive financial assistance aimed at enhancing productivity and competitiveness, along with support for capacity building and market access.

Who can apply

For: entrepreneur
Resident of Gujarat / Maharashtra / Punjab / Rajasthan / Tamil Nadu
registered under MSMED Act
has valid UAN

Entrepreneurs operating MSMEs in Gujarat, Maharashtra, Punjab, Rajasthan, and Tamil Nadu can apply. The MSME must be registered under the MSMED Act and possess a valid Udyog Aadhaar Number (UAN).

How to apply

Applications can be submitted online through the dedicated RAMP portal, which will be available soon.

Visit the RAMP portal once it is launched.
Fill out the application form with required details.
Upload necessary documents including MSME registration and UAN certificate.
Submit the completed application form.

Apply on the official website ↗

Documents required

Duly filled and signed Application Form
MSME registration certificate under MSMED Act, 2006
Udyog Aadhaar Number (UAN) certificate
Project Report
Business Plan
Bank statement for the last six months
Identity proof (Aadhaar Card, PAN Card, Passport, etc)
Address proof (Aadhaar Card, Electricity Bill, or Telephone Bill)
Goods and Services Tax (GST) Registration Certificate

Frequently asked questions

What is the RAMP scheme?

The RAMP scheme is a government initiative designed to provide financial assistance to MSMEs to improve their productivity and competitiveness.

Who is eligible to apply for the RAMP scheme?

Eligibility is limited to MSMEs registered under the MSMED Act, 2006, with a valid Udyog Aadhaar Number, located in specified states.

What documents are required for the application?

Required documents include the application form, MSME registration certificate, UAN certificate, project report, business plan, bank statement, identity proof, address proof, and GST registration certificate.

How long does it take to receive financial assistance?

The time frame for receiving financial assistance varies based on the verification and approval process of the application.

Can new MSMEs apply for the RAMP scheme?

Yes, new MSMEs can apply as long as they meet the eligibility criteria.

Is collateral security needed for financial assistance?

The requirement for collateral security may vary based on the specifics of the financial assistance sought.

Key terms explained

Aadhaar: A 12-digit unique identity number issued by UIDAI. Most schemes use it to confirm identity and link your bank account for payments.

Always confirm the latest details on the official portal before applying.