Retail and Wholesale Traders to be included in ambit of MSME Sector

Retail and Wholesale Traders to be included in ambit of MSME Sector

Deepak Gupta | Jul 2, 2021 |

Retail and Wholesale Traders to be included in ambit of MSME Sector

Retail and Wholesale Traders to be included in ambit of MSME Sector

Revision in MSME Guidelines has been announced by Minister of MSME and Road Transport and Highways Shri Nitin Gadkari on 02-07-2021. He announced that Retail and Wholesale Traders will be included in ambit of MSME Sector.

The Screenshot of his tweet is given below:

Retail and Wholesale Traders to be included in ambit of MSME Sector

Retail and Wholesale Traders to be included in the ambit of MSME Sector

He further stated that “MSME has issued an order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines.”

With the revised guidelines the Retail and wholesale trades will be now be allowed to register on Udyam Registration Portal.

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