{"id":22403,"date":"2021-07-03T12:35:03","date_gmt":"2021-07-03T07:05:03","guid":{"rendered":"https:\/\/plyinsight.com\/?p=22403"},"modified":"2021-10-04T16:16:13","modified_gmt":"2021-10-04T10:46:13","slug":"retail-wholesale-under-msmes","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/retail-wholesale-under-msmes\/","title":{"rendered":"Retail &#038; wholesale Trade under MSMEs"},"content":{"rendered":"<p>The union government announced fresh guidelines to include wholesale and retail traders as micro, small and medium enterprises (MSMEs).<\/p>\n<p>Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI). <strong>\u201cThe government has received various representations and it has been decided to include retail and wholesale trades as MSMEs, and they are allowed to be registered on the Udyam Registration portal. However, benefits to retail and wholesale trade MSMEs are to be restricted to priority sector lending only,\u201d<\/strong> according to an official release.<\/p>\n<p><strong>This means that apart from getting the priority sector lending tag, these traders will not get any other benefit that small businesses otherwise get from the government.<\/strong><\/p>\n<p><strong>The Udyam portal provides a single-page registration, consumes less time, and simplifies the process of registering any enterprise under the MSMEs category.<\/strong><\/p>\n<p>In the past, wholesale and retail trading activities were classified as MSMEs, but were excluded in 2017 as they did not cater to manufacturing activity.<\/p>\n<p>Currently, central schemes such as the capital subsidy scheme and SFURTI (Scheme of Fund for Regeneration of Traditional Industries) are aimed at supporting traditional industries.<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span style=\"color: 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Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI). \u201cThe government has received various representations and it has been decided to [&hellip;]<\/p>","protected":false},"author":1,"featured_media":22404,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1253,1319],"tags":[1298,1299],"class_list":["post-22403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news-june-2021","category-july-news-2021","tag-retail","tag-wholesale-under-msmes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retail &amp; wholesale Trade under MSMEs - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/retail-wholesale-under-msmes\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail &amp; wholesale Trade under MSMEs - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The union government announced fresh guidelines to include wholesale and retail traders as micro, small and medium enterprises (MSMEs). 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