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Mar 29, 2025
MSME: Upward Classification
The Ministry of Micro, Small, and Medium Enterprises (MSME) amended the classification criteria for Micro, Small, and Medium Enterprises on March 21, 2025, by releasing a notification.
The aforementioned amendment will be effective from April 1, 2025. Through this amendment, more companies will be eligible as MSMEs, and current MSMEs will be able to expand without forfeiting their existing status.