Question
In the Union Budget 2025-26, the government has changed
the definition of the MSMEs under the MSMED Act, 2006 . Which of the following are the criteria used to define the MSMEs ?Solution
A composite criterion of investment and turnover shall apply to the classification of an enterprise as micro, small or medium. The definition of micro, small and medium enterprises , under as per MSMED Act 2006 will be amended, as announced in the Union Budget 2025-26 by increasing the investment and turnover limits for classification by 2.5 times and 2 times , respectively. This is expected to improve efficiency, technological adoption, and employment generation.
- A micro enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 2.5 crore (enhanced from ₹1 crore ) , and turnover does not exceed ₹ 10 crore (enhanced from ₹5 crore ) ;
- A small enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 25 crore (enhanced from ₹10 crore ) , and turnover does not exceed ₹ 100 crore (enhanced from ₹50 crore ) ; and
- A medium enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 125 crore (enhanced from ₹50 crore, and turnover does not exceed ₹ 500 crore (enhanced from ₹250 crore )
Which of the following statements is incorrect regarding Phillips’s curve?
If the company earned revenue from operations of Rs.18 lakh, what is the trade receivables turnover ratio of the company?
The risk that the bank will not receive funds from its counter-parties on the due date is called
Which bank has collaborated with Mahindra & Mahindra Financial Services to offer affordable solutions to the NBFCs customers that will harness the d...
Which of the following actions most emerging economies took after facing with the prospects of global stagflation, nations, feeling compelled to protect...
What are the prudential exposure limits for UCBs for a group of connected borrowers/parties?
Unethical behaviour at workplace is not acceptable. Blaming unethical behaviour on others is an example of _________
Systemically Important NBFCs are:
The cost of capital for a firm _______.
In case of a defined benefit pension plan, the risk of investment and planning is with _____