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Government of India Revises MSME Classification: A Boost for Small Businesses

In a transformative policy update, the Indian government has significantly revised the classification criteria for Micro, Small, and Medium Enterprises or MSME. This landmark announcement was made by Finance Minister Nirmala Sitharaman during the presentation of the Union Budget 2025. Set to take effect from April 1, 2025, the revised framework aims to stimulate business […]