Which of the following statement(s) is/are correct about the 'Raising and Accelerating MSME Performance' programme?
- It is a Centrally Sponsored Scheme launched by the Government of India to support various COVID-19 Resilience and Recovery interventions of the Ministry of MSMEs.
- The idea was formulated in line with the recommendations made by UK Sinha Committee, KV Kamath Committee and the Economic Advisory Council to the Prime Minister.
- The programme aims to improve access to market and credit, strengthen institutions and governance at the Centre and State level and address issues of delayed payments and greening of MSMEs.
Select the correct codes from below:
Explanation:
- Statement 1 is incorrect: RAMP is a World Bank assisted Central Sector Scheme (not a Centrally Sponsored Scheme), supporting COVID-19 Resilience and Recovery Interventions of the Ministry of MSMEs.
- Statement 2 is correct: The programme was formulated in line with recommendations by UK Sinha Committee, KV Kamath Committee, and the Economic Advisory Council to the Prime Minister (PMEAC).
• Statement 3 is correct: The programme aims at improving access to market and credit, strengthening institutions and governance at Centre and State level, improving Centre-State linkages, addressing delayed payments, and greening of MSMEs.
Explanation:
- Statement 1 is incorrect: RAMP is a World Bank assisted Central Sector Scheme (not a Centrally Sponsored Scheme), supporting COVID-19 Resilience and Recovery Interventions of the Ministry of MSMEs.
- Statement 2 is correct: The programme was formulated in line with recommendations by UK Sinha Committee, KV Kamath Committee, and the Economic Advisory Council to the Prime Minister (PMEAC).
• Statement 3 is correct: The programme aims at improving access to market and credit, strengthening institutions and governance at Centre and State level, improving Centre-State linkages, addressing delayed payments, and greening of MSMEs.