Registration on Udyam provides a formal status to the MSMEs, making them eligible for benefits under Priority Sector lending and other MSME schemes. Ease of Doing Business for MSMEs: The government’s ...

It was launched in September 2015 by the Central government to simplify the registration process of micro, small, and medium enterprises (MSMEs). Prior to that, the registration process was ...

The requirement for registering on the Udyam Registration Portal has been further simplified. The Modi government’s paperless portal to ease MSME registration was launched on July 1, 2020. The ...

The growth of the nation is determined by the success of its SMEs. In India, MSMEs contribute approximately 29% to the country's GDP. Therefore, these SMEs have a huge impact on the economy of India.

Cancel MSME Registration Online: So far, over 1.72 crore registrations have been done on the Udyam portal. Cancellation of Udyam Registration: For lakhs of MSMEs, Udyam registration since June 2020 ...

This initiative will further accelerate the formalisation of informal micro-businesses into the mainstream economy as well as enhance credit flow to MSMEs, says Y.M. Kumari, Chief General Manager, SID ...

With over 6 crore MSMEs now registered, India’s formalisation drive is transforming access to finance, policy benefits, and growth opportunities—though critical gaps remain. India’s MSME sector has ...

Micro and small businesses and professional organizations play an important role in India, accounting for an estimated 45-50% of the country’s business turnover. Many multinational companies (MNCs) ...

NEW DELHI: Over 3 lakh micro, small and medium enterprises (MSMEs) have registered in nearly two months through the new registration process on the 'Udyam' portal, a top official said on Tuesday.