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corporate · In Force

MSME Development Act 2006

2020: revised Micro (≤Rs 1cr investment, ≤Rs 5cr turnover), Small (≤Rs 10cr, ≤Rs 50cr), Medium (≤Rs 50cr, ≤Rs 250cr). Udyam registration. 45-day payment rule.

Amended
2020
Ministry
Ministry of MSME

Key provisions and changes

  • Revised investment+turnover criteria
  • Udyam registration portal
  • 45-day delayed payment rule
  • MSME Samadhan portal
  • Facilitation Council