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Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Indian Ministry of Micro, Small and Medium Enterprises beginning in September 2015.[2][3] It is also known as Aadhaar for business.[4] As of July 2018, more than 4.8 million (48 lakh) MSMEs[1] in India are registered under Udyog Aadhaar.[5]
In 2020, the Government of India replaced Udyog Aadhaar to Udyam Registration. As of October 2023, over 2.81 crore MSMEs have registered under Udyam, including those migrated from the previous Udyog Aadhaar Memorandum (EAM) scheme.[6] As of July 31, 2024, the Udyam Registration Portal had registered 4.77 crore MSMEs, with 2.49 crore registrations in the fiscal year 2023-24.[7]
Process
The Udyam registration process requires basic documents, such as the Permanent account number number and Aadhaar number of the individual associated with the enterprise.[8]
See also
References
- ^ a b "48 lakh MSMEs registered on Udyog Aadhaar portal". The Hindu Business Line. 18 July 2018. Retrieved 26 May 2019.
- ^ "Aadhaar-like ID number for businesses in the works". The Economic Times. 2 February 2018.
- ^ "Govt to ask Micro Small Medium Enterprises to obtain Udyog Aadhaar". Indian Express. 22 July 2018.
- ^ Pai, T.V. Mohandas; Pai, Siddharth (6 February 2018). "Budget 2018 analysis: muted ecstasy and tempered agony". The Hindu.
- ^ "Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar to avail benefits of various schemes". Firstpost. Press Trust of India. 22 July 2018.
- ^ "Udyog Aadhaar: What is Udyog Aadhaar? Why is it useful for MSMEs?". Zee Business. 3 October 2023.
- ^ "India sees surge in MSME registrations: 4.77 cr registrations on Udyam Portal as of July 2024". Greater Kashmir. 5 August 2024.
- ^ Gloria Singh, Surbhi (20 March 2024). "How to register MSME on Udyam portal? A step-by-step guide on procedure". Business Standard.
External links
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