Literature Review

INTRODUCTION The Micro, Small and Medium Enterprise Act 2006 restrict MSME in India as: (a) in the case of the enterprises sedulous in the fictionalization or production of goods pertaining to any industry contract in the first schedule to the Industries (Development and Regulation) Act, 1951, as (i) A small enterprise, where the investiture in place and machinery does non come about twenty quintette hundred thousand rupees; (ii) small enterprise, where the investment in go down and machinery is to a greater ex got than twenty volt hundred thousand rupees and does non exceed five crore rupees; or (iii) a medium enterprise, where the investment in plant and machinery is more than five crore rupees but does not exceed ex crore rupees. (b) In the case of the enterprises engaged in providing or rendition of services, as (i) a little enterprise, where the investment in equipment does not exceed ten lakh rupees; (ii) a small enterprise, where the invest ment in equipment is more than ten lakh rupees but does not exceed 2 crore rupees; or (iii) a medium enterprise, where the investment in equipment is more than two crore rupees but does not exceed five crore rupees. According to European Union Law: The main factors ascertain whether a fellowship is an SME are: 1. number of employees and 2. Either  employee turnover or  eternal sleep sheet total.

Company category| Employees| turnover rate| sense of equilibrium sheet total| Medium-sized| < 250| ? € 50 m| ? € 43 m| Small| < 50| ? € 10 m| ? € 10 m| Micro| < 10| ? € 2 m| ? € 2 m| These ceilin gs apply to the figures for individual firms! only. A firm which is blow up of larger grouping may need to include employee/turnover/balance sheet data from that grouping too. LITERATURE recap PNB Files open Application for Risk Rating Model, Jan 15, 2003: Punjab National swear (PNB) has filed an operation for registration of patent for its credit risk military rating prototype PNB TRAC, according to a press release. The bank has in any case filed action for copyright of its...If you want to get a full-of-the-moon essay, bon ton it on our website: BestEssayCheap.com

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