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MSME stands for Micro, Small, and Medium Enterprise. MSME or SSI enterprises are the foundation of any economy and are an engine of economic growth, advancing impartial improvement for all. MSME registration or SSI registration helps businesses avail multiple government subsidies and benefits MSMED act.
An Act to provide for facilitating the promotion and development and enhancing the competitiveness of micro,small and medium enterprises and for matters connected therewith or incidental thereto.