The MSME sector classification is crucial for availing various government schemes and benefits. The investment limits in plant and machinery and annual turnover determine whether an enterprise falls under the micro, small, or medium category. The MSME Policy 2012 defined these limits.
As per MSME Policy 2012, the investment limit in plant and machinery for small enterprises is
Asked in Agriculture Development Officer 2021 · Topic: Industrial Sector (Micro, Small and Medium Enterprises (MSMEs) Sector: Importance, Challenges, and Government Initiatives)
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