Correct option is C
The correct answer is: (c) 5 lakh
Explanation:
On June 27, 2024, the Government of India launched the MSME TEAM (Trade Enablement and Marketing) Initiative under the Raising and Accelerating
MSME Performance (RAMP) program. The initiative aims to facilitate 5 lakh micro and small enterprises (MSEs) to onboard the Open Network for
Digital Commerce (ONDC).
Information Booster:
Focus on Women Entrepreneurs: The scheme places particular emphasis on facilitating digital commerce opportunities for women-owned MSEs.
Implemented by the National Small Industries Corporation (NSIC).
Implementation Period: The program is set to run for three years, from FY 2024-2025 to FY 2026-2027.
Support Services: MSEs will receive assistance in areas such as catalogue preparation, account management, logistics, and packaging material and design.
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