Paper I · 6 Indian Economy & Planning · 6.5.2 Industry

6.5.2.3 MSMEs and startups: MSMED Act, classification (2020, 2025), Startup India and Stand-Up India

MSMEs are classified under the MSMED Act 2006 by investment and turnover, with limits raised in 2020 and again from 1 April 2025.

  • APPSC Paper I · Paper I
  • Advanced level
  • 5 min read
  • Full course

Key terms

  • MSMED Act 2006
  • Udyam
  • MSME classification
  • Startup India
  • Stand-Up India
  • MUDRA
  • PMEGP
  • CGTMSE
  • SIDBI
  • KVIC

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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