New Definition of Micro, Small and Medium Enterprises - Addition of Retail and Wholesale Trade - આરબીઆઈ - Reserve Bank of India
New Definition of Micro, Small and Medium Enterprises - Addition of Retail and Wholesale Trade
RBI/2021-2022/67 July 7, 2021 The Chairman/ Managing Director/Chief Executive Officer Dear Sir/Madam, New Definition of Micro, Small and Medium Enterprises - Addition of Retail and Wholesale Trade Please refer to the circulars FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21 dated July 2, 2020 on ‘Credit flow to Micro, Small and Medium Enterprises Sector’ and FIDD.MSME & NFS.BC.No.4/06.02.31/2020-21 dated August 21, 2020, on ‘New Definition of Micro, Small and Medium Enterprises- clarifications’. 2. In this connection, Ministry of Micro, Small and Medium Enterprises vide Office Memorandum (OM) No. 5/2(2)/2021-E/P & G/Policy dated July 2, 2021, has decided to include Retail and Wholesale trade as MSMEs for the limited purpose of Priority Sector Lending and they would be allowed to be registered on Udyam Registration Portal for the following NIC Codes and activities mentioned against them:
3. The Enterprises having Udyog Aadhaar Memorandum (UAM) under above three NIC Codes are now allowed to migrate to Udyam Registration Portal or file Udyam Registration afresh. Yours faithfully (Kaya Tripathi) |