Govt includes retail, wholesale trade under MSMEs

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The Reserve Bank of India (RBI) has notified the inclusion of retail and wholesale trade under the ambit of the MSME (micro, small and medium enterprise) category.

  • The move comes days after the Centre announced that both of the above-mentioned segments will come under the MSME classification.
  • This will help retail and wholesale trade benefit from priority sector lending under RBI guidelines.

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