Economics · Micro, Small and Medium Enterprises (MSME)
Under the revised MSME definition (effective since 2020), the classification of small scale enterprises is based on which criteria?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Turnover in the services sector only
- 2Composite criteria of investment in plant/equipment and annual turnover across manufacturing and service sectors✓
- 3Investment in the manufacturing sector only
- 4Investment in plant and machinery only
Correct answer
Composite criteria of investment in plant/equipment and annual turnover across manufacturing and service sectors
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