MSME definition changed. Changed in favour of MSMEs. There was this fear that if they outgrow size, they'll lose benefits they'd get. Change so that they need not worry about growing in size, they'd still be able to get benefits. Investment limit, which defined MSME, is being revised upwards. Idea is that even with increased investment, you'd still be defined as MSME. Additional turnover criteria, apart from investment size. Differentiation between manufacturing or service-based MSME being removed. They shall be defined similarly. So now your investment can be up to 1 crore, turnover up to 5 crore, you shall be called micro enterprise.
NDTV is one of the leaders in the production and broadcasting of un-biased and comprehensive news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile.
Subscribe for more videos: Like us on Facebook: Follow us on Twitter: Download the NDTV Apps: Watch more videos:
0 Comments