GJ exporters on new MSME definition!
GJEPC said in a statement, Not helpful to G&J exporters! In a measure to support the MSMEs to fight the rock-hard scenario of Covid-19, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi met on Monday, 1st June 2020. This was the first meeting of the Union Cabinet after the Central Government entered into its second year in office. During the meeting, historic decisions were taken that will have a transformative impact on the lives of India’s hardworking farmers, MSME sector and those working as street vendors. In an attempt to EoDB, Micro, small and Medium Enterprises popularly called as MSMEs are the backbone of Indian economy. Silently operating in different areas across the country, more than 6 crore MSMEs have a crucial role to play in building a stronger and self-reliant India. In the aftermath of Covid-19 pandemic, the ministries were quick to recognise the role of MSMEs in building the Nation. That is why MSMEs formed a very prominent part o...