The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
Union Bank of India has launched UnionNXT and Digital Transformation Project SAMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23.
The Cabinet Committee on Economic Affairs approved the continuation of the Prime Minister Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme till December 2024.
EXAMIANS