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Government brings vehicle trade, repair under MSME development act

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New Delhi| Mumbai: The government has brought wholesale, and retail trade and repair of vehicles under the ambit of the MSME Development Act, a move that will allow automobile dealers to avail of benefits such as subsidies and cheaper loans accorded to micro, small and medium enterprises.The ministry of micro, small and medium enterprises (MSME) approved the decision on Thursday, several people aware of the matter said. The official order will

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