MSME Registration - The Ministry of Small and Medium Enterprises also known as MSME is a government authority that deals with the provisions, rules and regulations related to small scale industries in India. The ministry came into effect in 2006. Small scale industries constitute the major chunk of our GDP (Gross Domestic Product) and act as the lifeline of our economy.
The Ministry of Small, Medium Enterprises facilitates the smooth working of small scale industries.
The Udyog Aadhar is a unique identification number offered by the MSME .The registration process very smooth and hassle-free. The Udyog Aadhar Registration can be done online on the MSME site. It is not a mandatory process. All the micro, small and medium enterprises are eligible for Udyog Aadhar.
The MSME registration is done on the Udyam Registration Portal which is a government portal. The portal is in sync with GSTIN and Income Tax, however, GST isn’t mandatory. Only Aadhar card number is mandatory for registration. No document is required for registration as the portal itself takes data from the government database.
After registration, the Udyam portal generates an Udyam Registration Certificate. It has lifetime validity.
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