Union cabinet announces policy changes for the MSME sector. MSMEs with an investment of Rs1 Cr and turnover of Rs Cr will come under micro-units. Firms with an investment of Rs10 cr and turnover of Rs50 cr will be classified as small units. Units with Rs50 cr investment and Rs250 cr turnover will be classified as medium units. The changes are in accordance with the Atmanirbhar Bharat campaign.
