The Ministry of Micro, Small & Medium Enterprises has notified the classifying criteria for the MSME’s, on the basis of the calculation criteria of its investment and turnover provided therein.
In addition to this, the procedure for obtaining the “Udyam” registration for both new and existing MSME’s is also provided.
Effective date: July 1, 2020
Source: Ministry of Micro, Small & Medium Enterprises notification dated June 26, 2020