Atmanirbhar Bharat: Union Cabinet approves changes in definition of MSMEs
The Narendra Modi government on Monday announced policy changes for the MSME sector as part of the Atmanirbhar Bharat package. In the first Cabinet meeting in the second year of the Narendra Modi government, it approved changes to the definition of MSMEs. According to the new definitions, MSMEs with an investment of Rs 1 cr and turnover of Rs 5 cr will be classified as micro-units. Read More
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