Centre Notifies Revised Criteria for Classifying MSMEs

On 21st March 2025, the Ministry of Micro, Small and Medium Enterprises (MSME) revised the classification criteria for MSMEs.

  • The revised MSME criteria came into effect from April 1, 2025.

Need for Revision

  • Currently, over 1 crore registered MSMEs, employing 7.5 crore people, and generating 36 per cent of our manufacturing, have come together to position India as a global manufacturing hub.
  • With their quality products, these MSMEs are responsible for 45 per cent of exports.
  • The revision is to help them achieve higher efficiencies of scale, technological upgradation, and better access to capital.

Revised Classification Criteria

Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2025 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Economy Watch