Tag: msme

Micro, Small and Medium Enterprises-Definition

Definition of Micro, Small and Medium Enterprises-2020 After 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmanirbhar Bharat package in May, 2020. The Central Government, after obtaining the recommendations of the Advisory Committee, notified revised criteria for classifying the enterprises as micro, small and medium enterprises, […]