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MSME Scheme

About MSME

The MSME sector is a vital part of the Indian economy, contributing significantly to employment generation, manufacturing output, and exports.

The Ministry of MSME supports these enterprises through various schemes and policies.

Purpose:

Promote entrepreneurship among small and medium businesses.

Provide financial support, skill development, technology upgradation, and market access.

Eligibility:

Any enterprise engaged in manufacturing or providing services.

Classification based on investment in plant & machinery or equipment and annual turnover:

Micro: Investment ≤ ₹1 Cr and Turnover ≤ ₹5 Cr

Small: Investment ≤ ₹10 Cr and Turnover ≤ ₹50 Cr

Medium: Investment ≤ ₹50 Cr and Turnover ≤ ₹250 Cr

Other Scheme

CGTMSE Scheme

October 08, 2024

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