Modi government-led Ministry of MSME is gearing up to implement the New Norms of classification of MSMEs. The existing criterion of definition of MSMEs is based on the MSMED Act, 2006. PIB photo. Modi ...

The purpose of the revised MSME definition is to alleviate the concerns of businesses that growing beyond the earlier thresholds would result in loss of benefits and entitlements, said Rajneesh, ...