MSME definition changed: Here's what Sitharaman said
  • 4 years ago
Finance Minister Nirmala Sitharaman addressed a press conference to share details of the Rs 20 lakh crore package announced by Prime Minister Narendra Modi on Tuesday. During the press conference, Nirmala Sitharaman said that there was this fear that MSME outgrow size, they will lose benefits they would get. Change so that they need not worry about growing in size, they would still be able to get benefits. Investment limit, which defined MSME, is being revised upwards.