Last Updated: 5/21/2025 11:39:00 PM
The Govt. will revise the investment thresholds for micro, small and medium enterprises in line with inflation to encourage them to invest and expand. The ministry for micro, small and medium enterprises will propose amendments to remove the definition of small scale industries out of the sector law, which will give the administration flexibility to increase the qualifying thresholds. The MSME Act. 2006, defines a micro enterprise as the one which has an investment of up to Rs. 25 lakh in plant and machinery, those with up to Rs. 5 crore and Rs, 10 Crore investment qualify as small and medium enterprise respectively. Source : ET
