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  • Sat. Dec 21st, 2024

Govt modifications definition of MSMEs, modifies financial investment limitation

Govt modifications definition of MSMEs, modifies financial investment limitation

NEW DELHI: The Centre on Wednesday modified the

investment

limit of Micro, Small & Medium Enterprises (

MSMEs

) and introduced an additional criteria of “turnover” as it modified the definition of the sector.

Sharing details of the Rs 20 lakh

crore

economic bundle, finance minister

Nirmala Sitharaman

said the revision was a l

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