New MSME Classification Criteria Announced in Union Budget 2025-26
The Union Budget for 2025-26 introduces new classification criteria for MSMEs, raising the investment and turnover limits by 2.5 and 2 times, respectively. This revision is designed to help MSMEs achieve greater operational efficiency, technological advancements, and improved access to capital.
Revised MSME Classification Criteria:
| Type of Enterprise | Investment Limit | Turnover Limit |
|---|---|---|
| Micro Enterprises | Rs 1 crore to Rs 2.5 crore | Rs 5 crore to Rs 10 crore |
| Small Enterprises | Rs 10 crore to Rs 25 crore | Rs 50 crore to Rs 100 crore |
| Medium Enterprises | Rs 50 crore to Rs 125 crore | Rs 250 crore to Rs 500 crore |
Additional Initiatives for MSMEs:
- The credit guarantee cover for micro and small enterprises has been increased from Rs 5 crore to Rs 10 crore.
- Introduction of 10 lakh customized credit cards with a Rs 5 lakh limit for micro enterprises registered on the Udyam portal.
- The Export Promotion Mission will assist MSMEs in accessing export credit and overcoming non-tariff challenges in international markets.
- A new Rs 10,000 crore "Fund of Funds" will be established to support startups.
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