Micro, Small & Medium Enterprises |
- GoI has introduced "Micro Small and Medium Enterprises Development Act, 2006"
- AS per the Act,
| Enterprise |
Investment in Plant & Machinery (Manufacturing) |
Investment in Equipment(Service) |
| Micro |
Less than Rs. 25 lakhs |
Less than Rs. 10 lakhs |
| Small |
Rs. 25 lakhs- Rs. 5 cr. |
Rs. 10 lakhs - Rs. 2 cr. |
| Medium |
Rs. 5 cr.- Rs. 10 cr. |
Rs. 2 cr.- Rs. 5 cr. |
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- SMEs have to file entrepreneur's memorandum (EM) to District Industries Centre for starting a project
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