New Delhi, Jan. 30 -- Minister of State for Micro, Small and Medium Enterprises (MSMEs) Shobha Karandlaje on Thursday said that the government has revised the investment and turnover limits for classifying MSMEs in order to help firms achieve higher efficiency, adopt advanced technologies, access capital more easily, and strengthen global competitiveness.

The Minister said this in a written reply to a question in Parliament.

The revised framework ensures continued support for MSMEs through Priority Sector Lending, public procurement preferences, and various government schemes, while preventing exclusion or monopolisation by larger enterprises.

Timely Credit Decisions and Enhanced Guarantees

The Department of Financial Services (DFS), ...