24 February 2026·PIB

5th National MSME Council Reviews Progress of World Bank–Supported RAMP Programme

In this note

1. At a Glance

The National MSME Council is the apex coordination body created under the RAMP (Raising and Accelerating MSME Performance) Programme to steer inter-ministerial and Centre-State coordination on MSME reforms [1][3].
RAMP is a World Bank-supported, results-based Central Sector Scheme with an outlay of ₹6,062.45 crore (USD 808 mn) approved March 2022 [2][3].
The 5th Council meeting (24 Feb 2026) reviewed RAMP rollout and launched the Udyami Bharat Portal and an MSME Technology Transfer Platform [1].

The 5th meeting of the National MSME Council was held on 24 February 2026 at the NASC Complex, Pusa, New Delhi, chaired by Union MSME Minister Shri Jitan Ram Manjhi [1].
He launched the Udyami Bharat Portal (UBP) — a "One-Stop Shop" integrating all MoMSME portals plus other Central/State portals — and an MSME Technology Transfer Platform for competitiveness [1].

U.K. Sinha Committee (RBI, 2019) recommended a comprehensive MSME reform programme; RAMP was conceived in response [2].
Cabinet approval: 30 March 2022; Launch by PM: 30 June 2022 [2][3].
National MSME Council constituted as the administrative-functional body of RAMP; 1st meeting held in 2023 [4].
Tenure of programme: FY 2022-23 to FY 2026-27 (5 years) [3].

Implementing Ministry: Ministry of Micro, Small and Medium Enterprises (MoMSME), Government of India [1][2].
Type: Central Sector Scheme; Program-for-Results (PforR) instrument of the World Bank [2].
Outlay: ₹6,062.45 cr (USD 808 mn) = ₹3,750 cr (USD 500 mn World Bank loan) + ₹2,312.45 cr (USD 308 mn GoI) [2].
Two Result Areas: (i) Strengthening Institutions & Governance of MSME programme; (ii) Support to Market Access, Firm Capabilities and Access to Finance [2].
Disbursement Linked Indicators (DLIs): result-based reimbursement; ~46% of WB assistance claimed by MoMSME so far [2].
National MSME Council: chaired by Union Minister, MoMSME; oversees Centre-State synergies and reform monitoring [1][4].
Statutory base of sector: MSMED Act, 2006 (revised classification via Notification of June 2020; further revised in 2025) [2].

Economic

MSMEs contribute ~30% of GDP, ~45% of manufacturing output and ~45% of exports; RAMP targets credit access, technology upgradation and market linkage [2].
Focus on receivable financing markets and scale-up of online dispute resolution for delayed payments [2].

Administrative / Federalism

Council provides Centre-State synergy mechanism; states submit Strategic Investment Plans (SIPs) to access RAMP funds [2][4].
Inter-Ministerial coordination institutionalised — first such formal coordination body in MSME sector [4].

Scientific / Technological

New MSME Technology Transfer Platform seeks to match technology providers with MSME adopters; aligned with greening, digitalisation and Industry 4.0 components of RAMP [1][2].

Governance

Udyami Bharat Portal integrates Udyam, Champions, SAMADHAAN, TReDS-linked services into a single window — Digital India alignment [1].

Social

RAMP has dedicated sub-windows for women-led MSMEs, SC/ST-owned units and Aspirational Districts [2].

24 Feb 2026 — 5th National MSME Council meeting; launch of Udyami Bharat Portal + MSME Technology Transfer Platform [1].
Jan 2026 — MSME beneficiaries hosted as 'Special Guests' at Republic Day Parade 2026, Kartavya Path [5].
2024-25 — Revised MSME classification (investment & turnover thresholds raised, announced in Union Budget 2025-26) [2].
Cumulative RAMP disbursement reached ~USD 230 mn (46% of WB component) by 2025 [2].

RAMP is a Central Sector Scheme, not Centrally Sponsored [2].
World Bank instrument used = Program-for-Results (PforR), not investment project financing [2].
Total RAMP outlay = ₹6,062.45 crore / USD 808 million [2].
World Bank loan share = USD 500 million [2].
RAMP launch date (by PM) = 30 June 2022; Cabinet nod = 30 March 2022 [2].
Programme tenure = 5 years (2022-23 to 2026-27) [3].
National MSME Council is chaired by the Union MSME Minister [1].
5th Council meeting venue = NASC Complex, Pusa, New Delhi, 24 Feb 2026 [1].
Current MSME Minister = Jitan Ram Manjhi; MoS = Shobha Karandlaje [1][5].
Udyami Bharat Portal is the new "One-Stop Shop" for MSME services [1].
RAMP has two Result Areas (Institutions/Governance + Market Access/Firm Capabilities/Finance) [2].
Statutory base: MSMED Act, 2006 [2].
RAMP origin recommendation: U.K. Sinha Committee, RBI (2019) [2].
States access RAMP via Strategic Investment Plans (SIPs) [2].

GS-III — Indian Economy: Growth, Development & Employment; Inclusive growth; Effects of liberalisation on the economy.
GS-II — Government policies for vulnerable sections (MSMEs as employment generators); Centre-State relations.
Sample question stems:
"Examine how the RAMP programme attempts to address the structural bottlenecks of India's MSME sector."
"The institutional architecture of MSME reform suffers from fragmented Centre-State coordination. Critically analyse with reference to the National MSME Council."
"Discuss the role of multilateral development banks in financing MSME reforms in India."

MSMED Act, 2006 & 2020/2025 reclassification — statutory base of the sector.
Udyam Registration Portal / SAMADHAAN / CHAMPIONS portal — sibling digital platforms.
PM Vishwakarma Scheme — complementary scheme for artisans.
TReDS (Trade Receivables Discounting System) — addresses delayed payments, a RAMP focus area.
U.K. Sinha Committee on MSMEs (RBI, 2019) — genesis document.
Credit Guarantee Fund Trust for MSEs (CGTMSE) — credit access pillar.
Self-Reliant India Fund / Fund of Funds for MSMEs — equity infusion vehicle.
World Bank PforR instrument — financing modality used.

RAMP is not a credit guarantee scheme; it is a reform-and-capacity programme using PforR financing — do not confuse with CGTMSE.
The World Bank share is USD 500 mn, not the full USD 808 mn outlay.
The National MSME Council ≠ National Board for MSMEs (statutory body under MSMED Act, 2006) — Council is a RAMP-specific oversight body.
RAMP is Central Sector, fully Central-funded (not Centrally Sponsored).
Udyami Bharat is both the annual MSME Day event branding (since 2022) and now also a portal (launched Feb 2026) — distinguish the two.