{"id":1258,"date":"2021-06-28T07:05:25","date_gmt":"2021-06-28T07:05:25","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=1258"},"modified":"2021-06-28T07:05:28","modified_gmt":"2021-06-28T07:05:28","slug":"new-definition-of-micro-small-and-medium-enterprises","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/new-definition-of-micro-small-and-medium-enterprises\/","title":{"rendered":"New Definition of Micro, Small and Medium Enterprises"},"content":{"rendered":"\n<p class=\"has-text-align-right\">June 25, 2021<\/p>\n\n\n\n<p>The Chairman\/ Managing Director\/Chief Executive Officer<br>All Commercial Banks<br>(including Small Finance Banks, Local Area Banks and Regional Rural Banks)<br>All Primary (Urban) Co-operative Banks\/State Co-operative Banks<br>\/ District Central Co-operative Banks<br>All-India Financial Institutions<br>All Non-Banking Financial Companies<\/p>\n\n\n\n<p>Dear Sir\/Madam,<\/p>\n\n\n\n<p>Please refer to the <strong>circular FIDD.MSME &amp; NFS.BC.No.4\/06.02.31\/2020-21 dated August 21, 2020 <\/strong>on \u2018New Definition of Micro, Small and Medium Enterprises \u2013clarifications\u2019.<\/p>\n\n\n\n<p><strong>2.<\/strong> In this connection, we inform that Government of India, vide their <strong>Gazette Notification S.O. 2347(E) dated June 16, 2021,<\/strong> has notified amendments in paragraph (7) sub-paragraph (3) in the notification of Government of India, Ministry of Micro, Small and Medium Enterprises<br>number S.O. 2119 (E), dated June 26, 2020, published in the Gazette of India.<\/p>\n\n\n\n<p><strong>3.<\/strong> In view of the above amendment, paragraph 2.2 (i) of RBI circular dated August 21, 2020 stands modified as under:<\/p>\n\n\n\n<p>\u201cThe existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) of the MSMEs obtained till June 30, 2020 shall remain valid till December 31, 2021\u201d.<\/p>\n\n\n\n<p><strong>4.<\/strong> All other provisions of the circular remain unchanged.<\/p>\n\n\n\n<p>Yours faithfully<\/p>\n\n\n\n<p><br>(Kaya Tripathi)<br>Chief General Manager<\/p>\n\n\n\n<p><strong>For full detail click the link below :<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.dropbox.com\/s\/8ghl0l6iht8kt5t\/New%20Definition%20of%20Micro%2C%20Small%20and%20Medium%20Enterprises.PDF?dl=0\">https:\/\/www.dropbox.com\/s\/8ghl0l6iht8kt5t\/New%20Definition%20of%20Micro%2C%20Small%20and%20Medium%20Enterprises.PDF?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 25, 2021 The Chairman\/ Managing Director\/Chief Executive OfficerAll Commercial Banks(including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks\/State Co-operative Banks\/ District Central Co-operative BanksAll-India Financial InstitutionsAll Non-Banking Financial Companies Dear Sir\/Madam, Please refer to the circular FIDD.MSME &amp; NFS.BC.No.4\/06.02.31\/2020-21 dated August 21, 2020 on \u2018New Definition of Micro, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,14],"tags":[75,74],"class_list":["post-1258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notifications","category-rbi","tag-75","tag-rbi-notification"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=1258"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1258\/revisions"}],"predecessor-version":[{"id":1259,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1258\/revisions\/1259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/656"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=1258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=1258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=1258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}