The government authorised a World Bank-backed programme costing USD808 million on Wednesday to aid and improve the functioning of the country’s Micro, Small and Medium Enterprises (MSMEs).
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In addition, the RAMP initiative will work to increase state implementation capability and MSME coverage. It will address the MSME sector’s generic and COVID-related challenges by enhancing the impact of existing MSME schemes, particularly on the competitiveness front.
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