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Continue MSME incentives for five years after category graduation

Bharatiya Janata Party · Goa Legislative Assembly Election 2022

Last updated 21 Jun 2026

We will ensure that MSMEs can continue availing category-specific state government incentives for a period of five years upon graduating to the next MSME size category.

From the Bharatiya Janata Party manifestoView Manifesto

Our Assessment

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Partial. The promise is to ensure that MSMEs graduating to the next size category can continue availing category-specific state government incentives for five years. Ministry of MSME Notification S.O. 4926(E), applicable nationally, allows an enterprise undergoing upward reclassification to continue all non-tax benefits of its previous MSME category for three years. This delivers part of the substantive incentive-continuity objective. However, no approved Goa government notification, scheme amendment or implementation order was found extending category-specific state incentives for the full promised period of five years. Status partial.

Promise Timeline

18 Oct 2022

The Ministry of MSME notified that enterprises undergoing upward reclassification may continue all non-tax benefits of their previous category for three years, shorter than the promised five-year period.

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