PIB Corner

Retail and Wholesale Trades come under MSMEs

  • On 2nd July 2021, the Minister of MSME and Road Transport and Highways Shri Nitin Gadkari has announced revised guidelines for MSMEs with inclusion of Retail and Wholesale trades as MSMEs.

Benefits under this Scheme

  • This will strengthen MSMEs and make them engines for economic growth.
  • The revised guidelines will benefit 2.5 Crore Retail and Wholesale Traders.
  • Now, under the revised guidelines, retail and wholesale trade will also get benefit of priority sector lending under RBI guidelines.
  • With the revised guidelines the Retail and wholesale trades will be now be allowed to register ....
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