Parliament

The Litmus Test of 'MSME Ammendment Bill' is Set for Lok Sabha

Now, as the MSME Amendment Bill has just to get Rajya Sabha nod to pass the Parliament test, the industry is coming forward with a rationale that the new criteria of defining MSMEs on the basis of turnover is a welcome step. Federation of Indian Micro and Small & Medium Enterprises (FISME) has said the new criteria to define MSMEs on turnover basis will definitely bring more transparency in the system.