SmritiPlanInsightsReview

Consider the following statements about Micro, Small and Medium Enterprises (MSME) Act, 2020: 1. The Government of India announced a revision in MSME definition in the Atmanirbhar Bharat Package on 13th May, 2020. 2. The change in definition is effective from 1st June, 2020. 3. The new definition has the same formula of classification of manufacturing and service units. Which are correct among the above statements? Code :