Economics · Indian Economy
Under the revised criteria for MSMEs effective from July 1, 2020, an enterprise is classified as a 'Micro' enterprise if it meets which of the following threshold limits?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in plant and machinery up to ₹5 crore and turnover up to ₹25 crore
- 2Investment in plant and machinery up to ₹2 crore and turnover up to ₹10 crore
- 3Investment in plant and machinery up to ₹10 crore and turnover up to ₹50 crore
- 4Investment in plant and machinery up to ₹1 crore and turnover up to ₹5 crore✓
Correct answer
Investment in plant and machinery up to ₹1 crore and turnover up to ₹5 crore
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