New Definition of Micro, Small and Medium Enterprises – clarifications

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..... an) Co-operative Banks/State Co-operative Banks / District Central Co-operative Banks All-India Financial Institutions All Non-Banking Financial Companies Dear Sir / Madam, New Definition of Micro, Small and Medium Enterprises - clarifications Please refer to the circular FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21 dated July 2, 2020 on 'Credit flow to Micro, Small and Medium Enterprises Sector .....

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..... and obtain 'Udyam Registration Certificate'. All lenders may, therefore, obtain 'Udyam Registration Certificate 'from the entrepreneurs. 2.2 Validity of EM Part II and UAMs issued till June 30, 2020 (i) The existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) of the MSMEs obtained till June 30, 2020 shall remain valid till March 31, 2021. Further, all enterprises r .....

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..... was applicable in the context of the earlier classification criteria. 3. In view of the above, instructions contained in circular FIDD.MSME & NFS.BC.No.10/06.02.31/2017-18 dated July 13, 2017 on 'Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises - documents to be relied upon' are superseded. 4. Further, other instructions contained in cir .....

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