Shri Narayan Rane launches three sub-schemes under the RAMP programme- MSME Green Investment and Financing for Transformation Scheme (MSE GIFT Scheme), MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE Scheme) MSE Scheme on Online Dis

The MSE Scheme on Online Dispute Resolution for Delayed Payments is a first of its kind scheme to synergise legal support with modern IT tools and Artificial Intelligence to address the incidences of delayed payments for Micro and Small Enterprises.The Ministry is also taking new initiatives under the existing schemes to provide enhanced support to the MSMEs. The Support for Commercialisation of IP Programme (MSME – SCIP Programme) will enable the innovators in the MSME sector to commercialize their IPR. In addition, the ZED Scheme of the Ministry has now been made completely free for women led MSMEs. The government guarantees payment of 100 percent financial support for the certification cost. These two interventions were also launched by the Union Minister .The Ministry exchanged Memorandum of Understanding (MoUs) with the implementing agencies SIDBI (for MSME GIFT and MSME SPICE schemes) and with National Informatics Centre Services Inc. (for NICSI) for MSE ODR scheme.

      Union Minister for MSME Shri Narayan Rane launched three sub-schemes under the aegis of the RAMP programme today.

      These are MSME Green Investment and Financing for Transformation Scheme (MSE GIFT Scheme), MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE Scheme) MSE Scheme on Online Dispute Resolution for Delayed Payments.

      The MSME Green Investment and Financing for Transformation Scheme (MSME GIFT Scheme) intends to help MSMEs adopt green technology with interest subvention and credit guarantee support.

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