Update Udyog Aadhaar to Udyam Registration: The UAM license’s validity was initially till March 31, 2021, but was later extended…
Ease of doing business for MSMEs: As of June 4, 1.96 crore businesses were registered with Udyam certificates, of which…
Ease of doing business for MSMEs: The notification followed the proposal submitted by the MSME ministry to the central government…
Credit and finance for MSMEs: The MSME ministry’s Development Commissioner Office in December last year, ahead of the launch of…
Udyam Certification Update Online: The Udyam certificate is mandatory for enterprises looking to avail of various schemes from the MSME…
Ease of doing business for MSMEs: The total cancellation count was only 0.43 per cent of 1.67 crore MSMEs registered…
Ease of doing business for MSMEs: While it is not mandatory for a business to register on the Udyam portal,…
Ease of doing business for MSMEs: The Udyam registration portal fetches data from the portals of the income tax department…
Ease of doing business for MSMEs: The growth in registrations assumes significance as Udyam is among the flagship initiatives undertaken…
Credit and finance for MSMEs: The total closures since July 2020 have accounted for only 0.11 per cent of the…
Ease of doing business for MSMEs: Retail and wholesale trades were added to the MSME definition for priority sector lending…
Ease of doing business for MSMEs: The portal intends to ‘assist’ informal micro units, which are not registered with GST…
Technology for MSMEs: The number of closures till early February this fiscal was 0.59 per cent of over 18 lakh…
Ease of doing business for MSMEs: Unlike small or mid-sized enterprises, micro units including ultra micro enterprises such as street…
Ease of doing business for MSMEs: The Udyam Assist Platform (UAP), also called the Formalisation Project, was launched with certification…
Technology for MSMEs: Importantly, the FY23 withdrawal count till mid-December was 191 per cent up from 10,495 enterprises withdrawing their…
Ease of doing business for MSMEs: The shutdowns, however, make up for a minuscule share of the total MSMEs registered…
Ease of doing business for MSMEs: The number of MSMEs recording a decline in their turnover compared to the previous…