Revised MSME norms, credit guarantees, procurement reforms to aid small businesses: MoS Shobha Karandlaje
The Statesman Bhubaneswar
|December 19, 2025
The Government of India has taken several steps to promote ease of doing business for Micro, Small and Medium Enterprises (MSMEs) and create a conducive ecosystem for their growth and expansion, the Lok Sabha was informed on Thursday.
In a written reply, Minister of State for Micro, Small, and Medium Enterprises Shobha Karandlaje (Photo) said that the revised criteria for classification of MSMEs, first adopted in 2020, have been further updated with effect from 1 April 2025.
The revision aims to support upward mobility in technology, skilling, and business growth, while encouraging the transformation and expansion of MSMEs.
To simplify registration and compliance, the Udyam Registration Portal was launched on 1 July 2020.
Retail and wholesale traders were also brought under the MSME ambit with effect from 2 July 2021.
Additionally, non-tax benefits have been extended for a period of three years in cases where enterprises undergo an upward change in MSME status.
Dit verhaal komt uit de December 19, 2025-editie van The Statesman Bhubaneswar.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Statesman Bhubaneswar
The Statesman Bhubaneswar
EU debates massive Ukraine loan; Belgium wants ironclad guarantees
Belgium insisted on Thursday that its European Union partners must provide ironclad guarantees that it will be protected from Russian retaliation before it would back a massive loan for Ukraine.
2 mins
December 19, 2025
The Statesman Bhubaneswar
Switching off without paying a price
witching off can be surprisingly expensive.
4 mins
December 19, 2025
The Statesman Bhubaneswar
Amid form and selection concerns, India look for closure in final T20I against SA
Following the abandonment of the fourth T20I in Lucknow on Wednesday due to excessive fog and poor visibility, India head into the fifth and final T20 International against South Africa in Ahmedabad on Friday looking for closure as much as victory.
2 mins
December 19, 2025
The Statesman Bhubaneswar
US unveils massive $10 bn arms sales for Taiwan
TheTrump administration has announced a massive package ofarms sales to Taiwan valued at more than $10 billion that includesmediun-range missiles, howitzers and drones, drawing anangry response from China.
1 mins
December 19, 2025
The Statesman Bhubaneswar
PM Modi, Oman Sultan pledge to consolidate strategic partnership
Prime Minister Narendra Modi and Oman Sultan Haitham Bin Tarik on Thursday discussed steps to consolidate the strategic partnership between their two countries with the Indian leader stating that the two countries was making the bilateral relation future-ready through Al collaboration, digital learning, innovation partnership, and entrepreneurship exchange.
1 min
December 19, 2025
The Statesman Bhubaneswar
India must pick up pace in race for rare earths
In last month’s G20 summit at Johannesburg, Chinese Premier Li Qiang chose to connect with 19 mineral exporting countries and offered them finance and technical cooperation in mineral extraction, separation and processing.
4 mins
December 19, 2025
The Statesman Bhubaneswar
PM to unveil My Ayush Portal to boost reach of traditional medicines
Prime Minister Narendra Modi will participate in the closing ceremony of the second WHO Global Summit on Traditional Medicine on 19 December at Bharat Mandapam, New Delhi.
1 mins
December 19, 2025
The Statesman Bhubaneswar
Sanjay Saraogi assumes charge as Bihar BJP President, targets Opposition
Sanjay Saraogi, who assumed charge as the Bihar BJP State President at the party office in Patna on Thursday, launched a sharp attack on the Opposition, saying it has become issue-less as Bihar has witnessed significant development under the NDA government since 2005.
1 mins
December 19, 2025
The Statesman Bhubaneswar
India shuts down visa application centres in Bangladesh’s Khulna, Rajshahi due to protests
India has shut down visa application centres in Khulna and Rajshahi in Bangladesh due to anti-India protests, an official of the High Commission of India in Dhaka said on Thursday.
1 mins
December 19, 2025
The Statesman Bhubaneswar
Lok Sabha passes VB-GRAM Bill amid strong opposition resistance
The Lok Sabha on Thursday approved the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill, 2025 (VB-G RAM G), amid vigorous protests from Opposition parties.
1 mins
December 19, 2025
Listen
Translate
Change font size

