PM Narendra Modi lauds creation of 1 lakh jobs by MSMEs in Manipur

PM Narendra Modi lauds creation of 1 lakh jobs by MSMEs in Manipur

Prime Minister Narendra Modi has lauded creation of 1 lakh jobs by MSMEs in Manipur on Saturday.

In reply to a tweet by the Chief Minister of Manipur, N Biren Singh, the Prime Minister mentioned; “Nicely finished Manipur! Sustain the great work of leveraging the power of the MSME sector so as to additional the state’s progress.”

It may be famous that the Chief Minister of Manipur had knowledgeable concerning the creation of 1 lakh jobs by MSMEs in Manipur by way of his twitter account.

 

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“Practically 1 lakh jobs created by MSMEs in Manipur. I’m extraordinarily proud to share that Manipur is likely one of the highest rating States within the North East Area in each Registration of MSMEs and Employment technology within the GoI’s Evaluation of Udyam Registration Knowledge,” he tweeted.

 

As per the knowledge supplied by the Ministry of Micro, Small and Medim Enterprises, the central authorities, has notified the next standards for classification of micro, small and medium enterprises, specifically:

(i) a micro enterprise, the place the funding in Plant and Equipment or Gear doesn’t exceed one crore rupees and turnover doesn’t exceed 5 crore rupees;

(ii) a small enterprise, the place the funding in Plant and Equipment or Gear doesn’t exceed ten crore rupees and turnover doesn’t exceed fifty crore rupees;

(iii) a medium enterprise, the place the funding in Plant and Equipment or Gear doesn’t exceed fifty crore rupees and turnover doesn’t exceed 2 hundred and fifty crore rupees.

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