Union Finance Minister Sitharaman announced measures to boost liquidity for MSMEs via easier loans, credit guarantees and capital infusion for stressed small businesses. Further, Sitharaman also revised the definition of MSMEs, allowing for small businesses to grow bigger and still qualify for benefits intended for them. The measures are intended towards helping 2 lakh MSMEs. Now companies with investment of up to Rs 1 crore fall under Micro enterprises.


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