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

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?