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Core Purpose

Amends MSME notification S.O. 2119(E) to revise enterprise classification financial limits.

Detailed Summary

This notification issued by the Ministry of Micro, Small and Medium Enterprises amends its notification S.O. 2119(E) dated June 26, 2020, effective from April 1, 2025. The amendment revises financial criteria for classifying micro, small, and medium enterprises as per the MSME Development Act, 2006. Specifically, it modifies investment limits in paragraph 1, clauses (i), (ii), and (iii) of the original notification, increasing the thresholds for enterprise classification across these clauses. For instance, in clause (i), the limit of 'one crore' is revised to 'two crore and fifty lakh'.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-21032025-261838 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1346] NEW DELHI, FRIDAY, MARCH 21, 2025/PHALGUNA 30, 1946 MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the 21st March, 2025 S.O. 1364(E). In exercise of the powers conferred by sub-section (1) read with sub-section (9) of section 7 and sub-section (2) read with sub-section (3) of section 8 of the 'Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006)', the Central Government after obtaining the recommendations of the Advisory Committee in this behalf hereby makes the following amendments in the notification of Government of India, Ministry of Micro, Small and Medium Enterprises number S.O. 2119 (E), dated the 26th June, 2020, published in the Gazette of India, Extraordinary, Part-II, Section 3, sub-section (ii), dated the 26th June, 2020, namely:- 1. In the said notification in paragraph 1,- (i) in clause (i),- (a) for the words "one crore”, the words " two crore and fifty lakh" shall be substituted; (b) for the words "five crore”, the words" ten crore” shall be substituted; (ii) in clause (ii),- (a) for the words “ten crore”, the words "twenty five crore” shall be substituted; (b) for the words "fifty crore”, the words "one hundred crore" shall be substituted; (iii) in clause (iii),- (a) for the words "fifty crore", the words "one hundred twenty five crore", shall be substituted; (b) for the words "two hundred and fifty crore", the words "five hundred crore" shall be substituted; 2. This notification shall come into force with effect from the 1st day of April, 2025. [F. No. P-11/3/2023-POLICY-DCMSME] Dr. RAJNEESH, Addl. Secy. & Development Commissioner Note: The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide number S.O. 2119(E), dated the 26th June, 2020.

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