{"id":2281,"date":"2021-09-14T10:15:38","date_gmt":"2021-09-14T10:15:38","guid":{"rendered":"https:\/\/www.filisbit.com\/?p=2281"},"modified":"2021-09-14T10:15:43","modified_gmt":"2021-09-14T10:15:43","slug":"msme-eligibility-criteria-benefits-process","status":"publish","type":"post","link":"https:\/\/www.filisbit.com\/msme-eligibility-criteria-benefits-process\/","title":{"rendered":"MSME-eligibility criteria, benefits & process"},"content":{"rendered":"\n
Micro, Small, and Medium Enterprises (MSMEs) are companies that operate on a smaller scale than larger firms. MSMEs may be limited in number, but they are plentiful. Because SMEs are so important to the global economy, guaranteeing their survival is critical.<\/p>\n\n\n\n
In 2006, the MSMEs Act was passed, and the first definition of MSMEs was adopted. If they met the eligibility requirements, MSMEs were required to register as MSMEs under this statute. MSMEs would be entitled to benefits under the act as well as government-created privileges once they have been registered.<\/p>\n\n\n\n