Micro, Small and Medium Enterprises, also known as MSME, refers to those establishments where the funding in the machinery and the plant does not exceed Rs.50 crores and the Annual turnover is below Rs.250 crores. The Government of India has a Ministry, namely the Ministry of Micro, Small and Medium Enterprises. The Ministry is dedicated to administering the rules, regulations and laws for such MSMEs. The table below briefs the investment limit and annual turnover for Micro, Small and Medium Enterprises. Type of Enterprise Upper Limit in the Investment in Plant and Equipment/Machinery Upper Limit… Read

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