Government Revises MSME Classification Criteria to Boost Business Growth
| Category | Details |
|---|---|
| Event | Major Revision in MSME Classification |
| Announced By | Government of India |
| Effective Date | April 1, 2025 |
| Purpose | Enhance business opportunities, financial flexibility, and growth potential for MSMEs |
| Key Highlights | Increased investment and turnover limits by 2.5 times and doubled, respectively |
| Announcement Made By | Union Finance Minister Nirmala Sitharaman during Union Budget 2025 |
| Revised Limits (Micro) | Investment: ₹1 crore → ₹2.5 crore; Turnover: ₹5 crore → ₹10 crore |
| Revised Limits (Small) | Investment: ₹10 crore → ₹25 crore; Turnover: ₹50 crore → ₹100 crore |
| Revised Limits (Medium) | Investment: ₹50 crore → ₹125 crore; Turnover: ₹250 crore → ₹500 crore |
| Implications | Broader MSME coverage, enhanced growth opportunities, increased global competitiveness, job creation |