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What is meant by MSME

MSMEs to be decided based on turnover

  The Micro, Small and Medium Enterprises growth (Amendment) Bill provides for change in the standard of classification of MSMEs from the existing based on ‘investment in plant and machinery or equipment’ to ‘annual turnover‘ of the enterprise. The Micro, Small and Medium Enterprises Amendment) Bill, was introduced  by the Minister of State for Micro, Small and Medium […]

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