The India Post Payments Bank (IPPB) has launched an initiative called Fincluvation, as a part of the occasion of the Azadi ka Amrit Mahotsav to celebrate the 75th anniversary of Indian Independence.
The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.