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 Minister for Ports, Shipping and Waterways and AYUSH Sarbananda Sonowal said that the first Incredible India International Cruise Conference-2022 will be held in Mumbai.