MSME Sector In India – Significance,Challenges & Initiative-GS 3 Mains(UPSC)
What is MSME? The government under Atmanirbhar Bharat Abhiyan (Self-reliant India Campaign) changed the basic definition of MSMEs and eliminated the distinction between manufacturing and service sector MSMEs. Now the definition of MSMEs is- Existing MSME Classification Criteria: Investment Plant and Machinery or Equipment Classification Micro Small Medium Mfg. Enterprises Investment < Rs. 25 lakh …
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