Government relaxes norms for startup MSMEs

Q.  Government has made the decision to relax norms for which category of MSMEs?
- Published on 14 Mar 16

a. startups
b. 10 year old
c. 5 year old
d. 3 year old

ANSWER: startups
 
As per the decision, MSMEs can deliver goods and services as per prescribed technical and quality specifications and norms on prior experience and turnover will be relaxed for them. This will assist startup MSMEs to take part in 20% public procurement from MSMEs and relaxation has been made for creating a conducive start up environment in India.

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