PHDCCI’s Budget Reaction on MSME
City Air News
Feb 2, 2025 06:17
0
“The changes announced in Budget 2025 in respect of investment and turnover limits for classification of MSMEs would benefit those few thousands of SMEs which are about to cross the existing limits. As per PIB release dated 29th August, 2024 out of 4.91 crore registered MSMEs on Udyam registration Portal, 4.83 crore were classified as Micro enterprises. SMEs put together accounted for only 7.84 lacs units and out of these some units which are sitting near the upper threshold would benefit by the increase in the criteria. While it is a welcome measure by the Government its impact would primarily be limited to SMEs àt the upper layer.”
Hemant Jain, President PHDCCI
