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MSME's, MONETARY POLICY CHANGES, CERSAI
What is the revised definition of a Micro enterprise under the MSME Development (Amendment) Act 2020?
A Micro enterprise is one where investment in plant and machinery does not exceed Rs. 1 crore and turnover does not exceed Rs. 5 crore.
What is the investment limit for a Micro enterprise in manufacturing under the revised MSME definition?
Investment up to Rs 1 crore in plant and machinery
What is the investment and turnover limit for a Small enterprise as per the 2020 MSME redefinition?
A Small enterprise must have investment not exceeding Rs. 10 crore and annual turnover not exceeding Rs. 50 crore.
What is the turnover limit for a Micro enterprise under the revised MSME classification?
Annual turnover not exceeding Rs 5 crore
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