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New MSME definition: Experts predict more employment, ease in credit line
Written By Asit Manohar
Edited By Prashant V. Singh
Published: | Updated:
Addressing the media today in New Delhi, the Finance Minister Nirmala Sitharaman redefined MSME (Micro, Small and Medium Enterprises).
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For an MSME to be defined as a Small unit, FM Sitharaman raised its investment limit from Rs 5 crore to Rs 10 crore with a turnover of less than 50 crore. Photo: Reuters
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