Micro, Small and Medium Enterprises (MSME)

The Government of India has revised the definition of micro, small and medium enterprises to give them the confidence to grow. Under the new definition, the distinction between manufacturing and services enterprises has been eliminated. Under the new definition of MSMEs, the investment criteria for such enterprises have been revised upwards, while an additional criterion of turnover has been introduced. New definition of MSME, View Notification dated 1.6.2020

Revised Classification of MSMEs applicable w.e.f. 1st July 2020

Initiatives by Ministry of MSME on Covid-19 relief

• The Economic Package for the MSMEs
• AtmanirbharPresentationPart-1BusinessincludingMSMEs
• Summary of the Announcements made by the Government for the MSME Sector on 13.5.2020
• AatmaNirbharBharat Presentation Part-2 on 14.5.2020
• AatmaNirbhar Bharat Presentation Part-3 on 15.5.2020
• AatmaNirbhar Bharat Presentation Part-4 on 16.5.2020
• AatmaNirbhar Bharat Presentation Part-5 on 17.5.2020
• AtmanirbharTranche II presentation
• AtmanirbharBharat_For_Startups_3one4Capital
• ActiononCOVID-19 Relief for MSME Sector
• Standard Operating Procedure (SOP) for MSMEs at Workplace
• AmendmentinGeneralFinancialRules2017-GlobalTenderEnquiry

Institute Publications on MSMEs

• Impact of COVID-19 and lockdown on Micro, Small & Medium Enterprises.
• GST MSME Booklet by CBIC.
• Interest Subvention Scheme for MSMEs

MSME Help Desk:

For sending query :msme@icmai.in

Important Link:

• https://msme.gov.in/