Micro, Small and Medium Enterprises Development Act, 2006

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf Indian legislation
gptkbp:administeredBy gptkb:Ministry_of_Micro,_Small_and_Medium_Enterprises
gptkbp:amendedBy Micro, Small and Medium Enterprises Development (Amendment) Bill, 2018
gptkbp:appliesTo gptkb:India
gptkbp:dateEnacted 2006
gptkbp:defines micro enterprise
small enterprise
medium enterprise
gptkbp:enactedBy gptkb:Parliament_of_India
gptkbp:enteredIntoForce 2 October 2006
gptkbp:gazetteNotificationDate 16 June 2006
https://www.w3.org/2000/01/rdf-schema#label Micro, Small and Medium Enterprises Development Act, 2006
gptkbp:providesFor MSME Facilitation Councils
advisory committees
delayed payments to MSMEs
registration of MSMEs
gptkbp:purpose promotion and development of micro, small and medium enterprises
enhancement of competitiveness of MSMEs
gptkbp:replacedBy Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993
gptkbp:section Section 15 deals with delayed payments
Section 7 defines classification of enterprises
Section 16 provides for interest on delayed payments
gptkbp:shortName MSMED Act, 2006
gptkbp:website https://msme.gov.in/
gptkbp:bfsParent gptkb:Micro,_Small_and_Medium_Enterprises
gptkbp:bfsLayer 6