What is the new criteria of MSMEs announced by the government?

In May 2020, the criteria to get registered under MSMEs Act, 2008 was revised owing to the difficulties being faced by MSME Sector during the pandemic. One of the major change was the bifurcation between manufacturing and service sector was removed.

To know about the additional benefits made available to the MSME Sector during the pandemic situation do read: https://www.legalwiz.in/blog/covid-19-relief-package-announced-for-msme