Economics · Government Policies and Schemes
A manufacturing unit has invested 42 Crore Rupees in plant and machinery as per its balance sheet for the financial year ending March 2024. For the financial year ending March 2025, the firm reported a total revenue turnover of 260 Crore Rupees, which includes a direct export component of 35 Crore Rupees. Under the current MSME criteria of the Government of India, what is the classification of this unit and the effective turnover considered for this classification?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Large Enterprise; 260 Crore Rupees
- 2Medium Enterprise; 225 Crore Rupees✓
- 3Small Enterprise; 225 Crore Rupees
- 4Medium Enterprise; 260 Crore Rupees
Correct answer
Medium Enterprise; 225 Crore Rupees
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