Jammu & Kashmir Gets Rs 740.3 Million Boost Under RAMP Scheme
ECONOMY & POLICY

Jammu & Kashmir Gets Rs 740.3 Million Boost Under RAMP Scheme

Jammu and Kashmir has been allocated Rs 740.3 million under the Raising and Accelerating MSME Performance (RAMP) scheme, with Rs 666.3 million contributed by the Central Government and Rs 74 million from the Union Territory. The scheme aims to strengthen the micro, small, and medium enterprises (MSME) sector across the region.

To support implementation, the Jammu and Kashmir Trade Promotion Organization (JKTPO) held a district-level workshop at the Deputy Commissioner’s Office in Reasi, in collaboration with the State Project Implementation Unit (SPIU) and the District Industries Centre (DIC).

Vikramjit Singh, Commissioner Secretary of Industries and Commerce, and Sudarshan Kumar, Managing Director of JKTPO, guided the initiative. Kishor Singh Karoch, General Manager of DIC Reasi, urged local stakeholders to fully leverage the scheme to boost productivity and market access.

Key components of the scheme include Udyam Registration, promotion of region-specific products like GI-tagged and One District One Product (ODOP) items, and cluster development. The launch of the J&K MSMEs Health Clinic and plans for buyer-seller meets were also highlighted.

The Rs 60.62 billion RAMP programme is jointly supported by the World Bank and the Government of India.

Source: Kashmir Life

Jammu and Kashmir has been allocated Rs 740.3 million under the Raising and Accelerating MSME Performance (RAMP) scheme, with Rs 666.3 million contributed by the Central Government and Rs 74 million from the Union Territory. The scheme aims to strengthen the micro, small, and medium enterprises (MSME) sector across the region. To support implementation, the Jammu and Kashmir Trade Promotion Organization (JKTPO) held a district-level workshop at the Deputy Commissioner’s Office in Reasi, in collaboration with the State Project Implementation Unit (SPIU) and the District Industries Centre (DIC). Vikramjit Singh, Commissioner Secretary of Industries and Commerce, and Sudarshan Kumar, Managing Director of JKTPO, guided the initiative. Kishor Singh Karoch, General Manager of DIC Reasi, urged local stakeholders to fully leverage the scheme to boost productivity and market access. Key components of the scheme include Udyam Registration, promotion of region-specific products like GI-tagged and One District One Product (ODOP) items, and cluster development. The launch of the J&K MSMEs Health Clinic and plans for buyer-seller meets were also highlighted. The Rs 60.62 billion RAMP programme is jointly supported by the World Bank and the Government of India. Source: Kashmir Life

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code