Govt. considering giving MSME status to dealers: Gadkari

TIL Desk/Business/New Delhi/ The government is considering according MSME status to dealers as it will enable them to avail benefits offered to micro, small and medium enterprises, Union Minister Nitin Gadkari said on Tuesday.

Micro, small and medium enterprises (MSMEs) comprising manufacturing and services units need to get registered to avail the benefits and subsidies offered under various government schemes.

Registered MSMEs are eligible for tariff subsidies and tax and capital subsidies. The registration also helps them in getting government tenders and enables easier access to loans at low interest rates.

“Regarding MSME, we are thinking now of giving MSME status to dealers also and they will get benefit of it, that is also under consideration by which they will get the benefits,” Gadkari said.