The investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively.
Micro industries will be classified as those with ₹2.5 crore investment and ₹10 crore annual turnover
Small-scale enterprises will be those up to ₹25 crore investment and ₹100 crore turnover and
Medium-scale industries will be those up to ₹125 crore investment and ₹500 crore turnover.
To improve access to credit, the credit guarantee cover will be raised for micro and small enterprises, from ₹5 crore to ₹10 crore
Leading to additional credit of ₹1.5 lakh crore in the next five years and for well-run exporter MSMEs, for term loans up to ₹20 crores.
The government will unveil customised credit cards with ₹5 lakh limit for micro units registered on Udyam portal.
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