MSMEs

MSME’s Emergency Credit Line Guarantee Scheme, ECLGS

Emergency Credit Line Guarantee Scheme

The Central Government has issued the notifications for extensions of Emergency credit line guarantee scheme for MSME sector. Let’s summaries the Notifications issued:- The Central government has declared the notification to extend the Rs 3 lakh crore-Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector beyond October even though the sanctioned amount so far … Read more

MSME Threshold limit raised by the Government

MSME threshold limit raised

The Government has once again revised the MSME threshold limit. Recently, under the newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores, the Government had revised the definition of MSMEs and had given a new threshold limit for MSMEs. Now, the Ministry of Micro, Small and Medium Enterprises has again … Read more

Now get easy Enterprise registration with Aadhaar card!

Enterprise registration with Aadhaar card

Good News for MSMEs! The enterprise registration process in India is now simple, convenient, and faster. The new enterprise registration with Aadhar card will begin on July 1, 2020. Let us know all the critical information regarding Enterprise registration with the Aadhaar card.    How to get Enterprise registration with an Aadhaar card? Here are … Read more

Clarification issued on the Investment and Turnover for MSMEs Classification

msmes investment

The government had recently introduced a new definition for Micro, Small, and Medium Enterprises (MSMEs). This was based on investment as well as turnover. Government Introduces a New Definition of MSMEs   However, notification left MSMEs in dilemma on how to compute the investment and turnover figure. This is necessary to find out the correct … Read more