MSMEs
- Categories
Yojana/Kurukshetra
- Published
15th Nov, 2019
-
The MSMEs have always been the backbone of Indian Economy. They have played a great role in ensuring the socialistic goals like income equality, employment generation, poverty eradication and balanced regional development.
Manufacturing Sector:
Enterprises engaged in the manufacture or production, processing or preservation of goods are specified as-
- A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs.25lakh;
- A small enterprise is an enterprise where the investment in plant and machinery is more than Rs.25lakh but does not exceed Rs. 5crore.
- A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs. 5crore but does not exceed Rs. 10crore.
|