Question

New definition of micro, small and medium enterprises

Answer 1

Micro, small and medium enterprises (MSMEs) will soon be defined based on their annual turnover if a new Bill introduced in the Lok Sabha on Monday is cleared. At present, it is decided based on the investment made in plant and machinery/equipment.

Answer 2

●●●●■■■■☆☆☆☆¤¤¤¤¤Answer: Micro, small and medium enterprises(MSMEs) will soon be defined based on their annual turnover if a new Bill introduced in the Lok Sabha on Monday is cleared. At present, it is decided based on the investment made in plant and machinery/equipment.