Going forward MSMEs to include activities of Retail & Wholesale trade and as will be allowed to registered on Udyam Registration Portal. However, benefits to Retail and wholesale trade MSMEs are to be restricted to Priority sector lending only. Accordingly the list of eligible additional activities under NIC code 45, 46 and 47 are as under
45 | Wholesale and Retail Trade and repair of Motor Vehicle and motor Cycles |
46 | Wholesale Trade Except of motor cycles |
47 | Retail Trade Except of Motor Vehicles and Motor Cycles |
(MSME Office Memorandum No: 5/2(2)/2021-E/P&G/Policy (E-19025)