New Delhi: Micro, Small and Medium Enterprise Minister Nitin Gadkari on Friday announced revised guidelines for MSMEs, classifying retail and wholesale trade as MSMEs. He said that the revised guidelines will benefit 2.5 crore retail and wholesale traders. The existing definition of MSMEs includes manufacturing and service enterprises.
With the revised guidelines the retail and wholesale trades will be now be allowed to register on Udyam Registration Portal. Gadkari said retail and wholesale trade were left out of the ambit of MSME, and now under the revised guidelines, retail and wholesale trade will also get the benefit of priority sector lending under the Reserve Bank of India guidelines.
"Retail and wholesale trade were left out of the ambit of MSME. Under the revised guidelines, MSME has issued an order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines' said the minister in a tweet. He said the Narendra Modi-led government is committed to strengthening MSMEs and make them the engines for economic growth.
The Satya Niketan tragedy is not simply a story of one negligent landlord. It raises serious questions about unregulated construction, overcrowded student housing and the failure of civic enforcement in South Delhi.
Nepal faces a devastating flash flood disaster linked to glacial ice and debris, with hundreds dead, thousands missing and major infrastructure badly damaged.
India’s rapid urbanisation is outpacing infrastructure, governance and planning. Why cities need better housing, mobility, water management and climate resilience.
The withdrawal of protest-related FIRs raises deeper questions about Article 142, public pressure, judicial power, institutional autonomy and the Rule of Law in India.
5 years, 2 months ago
[[comment.comment_text]]