UDYOG PORTAL

For any Query Email Us - info@eudyogaadhar.in
( Portal for MSME (Udyam) Registration )

Online Udyam/MSME Registration

New & Existing MSME/Udyog Aadhar Certificate Holders Can Get Registered Under Udyam

A new process of classification and registration of MSME Enterprises was launched on July 1, 2020 under the name of ‘Udyam registration’. The Union Ministry of Micro, Small and Medium Enterprises (MSME) had made the announcement regarding the same through a notification on June 26.

Uncategorized

Udyam Registration Benefits

As of my last update in January 2022, the Udyam Registration portal was already operational. However, for the most accurate and up-to-date information on the status of Udyam Registration, I recommend checking the official website of the Ministry of Micro, Small & Medium Enterprises (MSME) of the Government of India or any recent news updates. They should provide the latest information on when the registration process started or any updates regarding it. Top benefits of Udaym registration Registering with Udaym, a platform I’m not familiar with, might offer various benefits tailored to its users. Typically, benefits of registration on platforms can include: Important information on the Udyam Registration portal The Udyam Registration portal is a platform launched by the Government of India for the registration of micro, small, and medium enterprises (MSMEs) under the new definition introduced in 2020. Here is some important information about the Udyam Registration portal: UDYOG AADHAAR CHANGED TO UDYAM The process for registering under the new Udyam Registration system is quite similar to the earlier Udyog Aadhaar process. Here’s a simplified overview of the steps involved:

Udyam Registration Benefits Read More »

MSME Loan

MSME (Micro, Small, and Medium Enterprises) loans are financial products designed to meet the funding needs of small businesses. These loans are offered by various financial institutions like banks, non-banking financial companies (NBFCs), and microfinance institutions. The Indian government also provides support and incentives for MSMEs through schemes like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). MSME loans typically cater to businesses requiring capital for various purposes such as working capital, purchasing equipment, expanding operations, or investing in infrastructure. The loan amounts, interest rates, and repayment terms vary depending on factors such as the borrower’s creditworthiness, business plan, and the lender’s policies. These loans often come with simplified application processes and reduced documentation requirements compared to loans for larger enterprises. Additionally, some government schemes offer favourable terms such as lower interest rates, longer repayment periods, and collateral-free loans to encourage entrepreneurship and support the growth of MSMEs. However, it’s essential for MSMEs to carefully assess their financial needs, repayment capabilities, and the terms offered by different lenders before applying for a loan. They should also ensure compliance with relevant regulations and maintain good financial management practices to sustain and grow their businesses successfully. MSME Loan Application MSME Loan Application To begin your MSME loan application process, you’ll typically need to follow these steps: Remember to thoroughly research your options and choose a lender that best suits your needs. Additionally, it’s essential to maintain transparency and accuracy throughout the application process to increase your chances of approval. Who is eligible for MSME loan Eligibility criteria for MSME (Micro, Small, and Medium Enterprises) loans can vary depending on the lender and the specific loan scheme. However, here are some common eligibility factors: MUDRA Loan MUDRA (Micro Units Development and Refinance Agency) loans are aimed at providing financial assistance to micro-enterprises in India, particularly those in the informal sector, to support their growth and development. Here’s an overview of MUDRA loans: MUDRA loans have been instrumental in providing financial assistance to millions of micro-enterprises across India, empowering individuals to start and grow their businesses and contribute to economic development.

MSME Loan Read More »

Government package for MSME sectors in India

MSME stands for Micro, Small, and Medium Enterprises. These are businesses that fall within certain size criteria in terms of their investment in plant and machinery or equipment, as well as their annual turnover. The specific criteria defining micro, small, and medium enterprises can vary from country to country. These enterprises play a crucial role in economic development by fostering entrepreneurship, generating employment, and contributing to GDP growth. They often face unique challenges compared to larger businesses, such as limited access to finance and resources, but they also enjoy certain advantages, such as flexibility and adaptability. Many governments around the world have special policies and programs to support the growth and development of MSMEs. Some of the important Government packages for MSME in India are as follows:- Udyog aadhaar memorandum The term “Udyog Aadhaar” specifically refers to the unique identification system introduced by the Government of India for small and medium-sized enterprises (SMEs) or MSMEs (Micro, Small, and Medium Enterprises). It is part of the Udyog Aadhaar Memorandum, which simplifies the registration process for MSMEs and enables them to avail various benefits provided by the government. Incubation SCHEME OF MSME The Incubation Scheme for MSMEs (Micro, Small, and Medium Enterprises) is a program initiated by various governments and organisations to support the growth and development of startups and small businesses in the MSME sector. Here are the key components and features typically found in such schemes: Zero defect zero effect scheme FOR MSME The “Zero Defect, Zero Effect” (ZED) scheme for MSMEs (Micro, Small, and Medium Enterprises) is an initiative launched by the Government of India to promote quality manufacturing and sustainability among MSMEs. Here’s an overview of the scheme:

Government package for MSME sectors in India Read More »

Download Udyam Registration Certificate online

The Udyam Certificate is a registration document provided by the Government of India under the Ministry of Micro, Small, and Medium Enterprises (MSMEs). It is issued to micro, small, and medium-sized enterprises (MSMEs) in India. This certificate replaces the earlier system of MSME registration known as the Udyog Aadhaar Memorandum (UAM). Obtaining the Udyam Certificate is mandatory for businesses seeking benefits under various government schemes and initiatives targeted at promoting MSMEs. It serves as a recognition of the enterprise’s status as an MSME and facilitates easier access to credit, subsidies, and other support measures provided by the government. Udyam Registration Udyam Registration refers to the process of registering a business as a Micro, Small, or Medium Enterprise (MSME) in India under the Udyam Registration portal. This registration is essential for availing various benefits provided by the government to MSMEs, such as subsidies, schemes, and easy access to credit. The registration process involves providing basic business details and self-certification regarding the eligibility criteria defined for MSMEs based on investment in plant and machinery or equipment, and turnover. It’s a straightforward online process designed to promote the growth and development of small businesses in India.  Apply for Online Udyam registration Certificate To apply for online Udyam registration certificate, you can follow these steps: Remember to keep a copy of the certificate safe for future reference. If you encounter any difficulties during the process, you can refer to the portal’s help section or contact their customer support for assistance. How do we work on UDYAM registration? We are a company that provides small business companies across India with registration services. We offer assistance and first-rate consulting services for UDYAM registration. If the appropriate sources are not provided, the UDYAM registration process can be a little confusing because, once completed, some crucial facts cannot be modified. It is crucial that you obtain your UDYAM certificate from legitimate sources. We will also give you a UDYAM certificate in 10 minutes. Fill out the form to contact us if you require any assistance with Udyog Aadhaar, (UDYAM )registration certificates, or Instant MSME.

Download Udyam Registration Certificate online Read More »

Udyam Registration Without Pan

MSME stands for Micro, Small, and Medium Enterprises. In India, these are defined based on their investment in plant and machinery or equipment, or turnover. The classification criteria vary between manufacturing and service sectors. As per the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006, the following are the definitions for Micro, Small, and Medium Enterprises: For the service sector, the investment limits are slightly different, based on annual turnover instead of investment in plant and machinery. MSMEs play a crucial role in the economic development of India, contributing significantly to employment generation, industrial output, and exports. They are eligible for various benefits and schemes provided by the government to promote their growth and sustainability. What is Udyam Registration and when was it established? Udyam Registration is an online registration process introduced by the Government of India for Micro, Small, and Medium Enterprises (MSMEs). It replaced the earlier system known as Udyog Aadhaar Registration. Udyam Registration is aimed at simplifying the registration process for MSMEs and providing them with various benefits and support schemes offered by the government. The Udyam Registration portal allows MSMEs to register themselves and obtain a unique registration number known as the Udyam Registration Number (URN). This registration is based on self-declaration of the enterprise’s details, including its Aadhaar number, business name, type of organisation, location, and other relevant information. Udyam Registration was established on July 1, 2020, as part of the government’s efforts to streamline and modernise the MSME registration process. It is governed by the Ministry of Micro, Small, and Medium Enterprises (MSME) under the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006. Documents required for Udyam Registration To complete the Udyam Registration process in India, you typically need the following documents and information: Please note that these are the general documents and information required for Udyam Registration. Depending on the specific circumstances of your business and any updates to the registration process, additional documents or information may be needed. It’s always a good idea to check the latest requirements on the official Udyam Registration portal or consult with a professional if you have any doubts. CONTANT :7462963468 Apply for Udyam Registration without PAN Today! After reading this article, you must have understood the process of registration.Applying for Udyam Registration typically requires a PAN (Permanent Account Number) as it’s a crucial identification document for businesses in India. It’s important to ensure that all necessary documents are in order before proceeding with any registration. If you’re facing issues with obtaining a PAN or have any questions regarding the registration process, I can certainly try to assist you with that.

Udyam Registration Without Pan Read More »

Udyam Registration Online

As of my last update in January 2022, “Udyam Registration” refers to the online registration process for micro, small, and medium-sized enterprises (MSMEs) in India. This registration is mandatory for businesses seeking to avail of various benefits provided by the government, including subsidies, incentives, and access to credit facilities. To register for Udyam, you can follow these steps: It’s essential to keep in mind that the registration process may evolve over time, and there might be updates or changes to the procedure or requirements. Therefore, it’s advisable to visit the official Udyam Registration portal or consult with relevant authorities for the most up-to-date information and guidance on the registration process. Cabinet had defined the MSME sector on the basis of these factors: As of my last update in January 2022, the Union Cabinet of India had indeed redefined the Micro, Small, and Medium Enterprises (MSME) sector, primarily on the basis of two factors: investment in plant and machinery or equipment, and turnover. Here are the details of the redefinition: The revision aimed to promote ease of doing business, encourage growth and employment generation in the MSME sector, and facilitate their access to various schemes and incentives provided by the government. Please note that for the most accurate and up-to-date information, it’s advisable to verify with the latest government notifications or news updates as policies might have changed since my last update. Features of Udyam registration Udyam Registration is a government registration process in India for small and medium-sized enterprises (SMEs), previously known as MSME (Micro, Small, and Medium Enterprises). Here are some of its features: These features collectively aim to provide a conducive environment for the growth and development of small and medium-sized enterprises in India.

Udyam Registration Online Read More »

What is Udyam Aadhar

Udyam Aadhar is a government-issued identification number provided to micro, small, and medium-sized enterprises (MSMEs) in India. It serves as a recognition of the business entity and its status as an MSME. The Udyam Aadhar registration process is designed to simplify and streamline the registration process for MSMEs, replacing the earlier system of MSME registration. Here are some key points about Udyam Aadhar: Overall, Udyam Aadhar serves as a tool to formalise and provide recognition to MSMEs in India, facilitating their access to benefits and support from the government and financial institutions. Uses of udyam aadhaar Udyam Aadhar is a 12-digit identification number issued by the Ministry of Micro, Small and Medium Enterprises (MSME) to small and medium-sized enterprises (SMEs) in India. It replaces the earlier system of registration known as the MSME registration. Here are some common uses of Udyam Aadhar: Overall, Udyam Aadhar plays a crucial role in formalising and supporting the MSME sector in India by providing various benefits and opportunities for growth and development. Reservation of the items for assembling by MSME To reserve items for assembling by MSME (Micro, Small, and Medium Enterprises), you typically follow a procurement process. Here’s a general outline of the steps involved: Throughout this process, it’s crucial to ensure transparency, fairness, and adherence to any relevant regulations or policies governing procurement and dealings with MSMEs. Additionally, fostering good relationships with MSMEs can lead to long-term partnerships and mutual benefits.

What is Udyam Aadhar Read More »

HOW TO MIGRATE UDYOG AADHAR TO UDYAM AADHAR

Udyam Registration and UAM (Udyog Aadhaar Memorandum) are related to the Indian government’s initiatives to promote and support small and medium-sized enterprises (SMEs) or micro, small, and medium enterprises (MSMEs). Here’s a brief overview: To register for Udyam Registration, MSMEs need to provide information such as Aadhaar number, PAN card details, business name, type of organisation, business activities, and other relevant details. The registration process is typically done online through the official Udyam Registration portal. Udyam Registration Memorandum The term “Udyam Registration Memorandum” seems to be related to a specific bureaucratic process in India. As of my last update in January 2022, the Indian government had introduced a new registration process called Udyam Registration for Micro, Small, and Medium Enterprises (MSMEs). However, there was no specific mention of a document called “Udyam Registration Memorandum.” In the context of Udyam Registration, MSMEs were required to register themselves on the Udyam Registration portal to avail benefits provided by the government such as subsidies, schemes, and easier access to credit. The registration process involved providing details about the business, such as Aadhaar number, PAN card details, business name, type of organisation, and other relevant information. It’s possible that “Udyam Registration Memorandum” refers to a document issued upon successful completion of the Udyam Registration process or could be a term used locally in certain regions or by specific authorities. However, without further context or updates beyond my last training data, I can’t provide more specific information about it. For accurate and up-to-date information regarding Udyam Registration and related documents, I recommend consulting official government sources or reaching out to relevant authorities handling MSME registrations in India. Advantage Udyam Registration Udyam Registration is a government initiative in India aimed at simplifying the registration process for micro, small, and medium enterprises (MSMEs). There are several advantages to obtaining Udyam Registration: 1 .Registering your business under the Micro, Small, and Medium Enterprises (MSME) Act in India can offer various benefits such as easier access to credit, tax exemptions, subsidies, and more. Here’s the process to apply for MSME registration: Registering your business under the Micro, Small, and Medium Enterprises (MSME) Act in India can offer various benefits such as easier access to credit, tax exemptions, subsidies, and more. Here’s the process to apply for MSME registration: update udyam certificate online

HOW TO MIGRATE UDYOG AADHAR TO UDYAM AADHAR Read More »

The SME vs. MSME Difference

The SME vs. MSME Difference

#H1 The SME vs. MSME Difference SMEs, also known as micro, small, and medium-sized firms, are critical to any economy because they help to create jobs, increase exports, and promote economic development. SMEs and MSMEs are comparable concepts; nevertheless, by contrasting Indian MSMEs with worldwide SMEs, we attempted to distinguish between them based on their meanings, objectives, contributions, and financing sources. #H2 MSMEs (Micro, Small, and Medium Enterprises) The Indian government passed the MSMED Act of 2006, which formed Micro Small Medium Enterprises, in 2006. Previously, MSMEs were classified into the following categories, as established by the MSMED Act of 2006: A manufacturing firm: This category includes companies that produce goods in any industry, and their investment levels define their classification. A company that delivers services: These businesses provide services to others (in terms of equipment investment). Investment levels serve as the foundation for categorising firms within this framework. The distinction between SME and MSME has been eliminated as of July 1, 2020, under the new MSME categorization. The new classification includes the turnover limit. Furthermore, the distinction between SME and MSME is based on the amount of money invested by enterprises in any fixed asset, as follows: Classification   Sectors of manufacturing and services Micro                Both the investment and the turnover shouldn’t be more than one crore. Small                Both the investment and the turnover shouldn’t be more than Rs. 10 crores. Medium            Both the investment and the turnover shouldn’t be more than Rs. 50 crores. #H3 Small and medium enterprises (SMEs) Small and medium enterprises, or SMEs. Every country defines a small business differently. Under the MSMED Act of 2006, MSMEs are referred to as SMEs in India. SME is a fundamental concept, whereas MSME is its Indian version. According to the number of employees, these SMEs are small and medium-sized firms in European countries. As a result, a company is classed as a small business if it has fewer than 50 employees. A “medium business” is defined as a company with fewer than 250 employees. Thus, in India, the classification is based on investment level, whereas in Europe, it is based on workforce size. Objectives A) Small and medium-sized businesses (SMEs) exist in every nation with the following: *  creating new employment possibilities. *  encouragement of business initiatives. *  raising the standard of living for those in need. *  Increasing the GDP contribution of the SME sector to the nation. B) The following objectives have been set for the MSME sector by the Ministry of Micro, Small, and Medium Enterprises: *  Encourage small- and medium-sized business owners to be entrepreneurial. *  Increase the share of the MSME sector in India’s exports. *  Administrative procedures are getting better. *  presenting employment opportunities for society’s most vulnerable citizens. The following countries have a substantial presence of SMEs: Africa: Small and medium-sized firms (SMEs) account for over 90% of all businesses and for half of the continent’s GDP. Japan: Its value-added contribution to GDP is greater than 50%. 70% of all employment in the nation comes from SME employment. Pakistan: 30% of Pakistan’s GDP in 2018 came from SMEs. Employment as a whole was made up of 78% of national employment and 25% of employment from exports. China: Small and medium-sized enterprises (SMEs) account for more than 90% of all corporations in China. Their GDP contribution is 60%, and they employ 80% of all people in the country. United States of America: Approximately 27 million SMEs account for 66.6% of all jobs in the United States. Their GDP contribution to the country is approximately 50%. Europe: Small and medium-sized enterprises (SMEs) create 70% of new jobs in European countries. Australia: SMEs account for over 98% of all enterprises in Australia and generate 33.5% of GDP. #H4 MSMEs account for a sizable portion of the Indian economy. MSMEs are the backbone of the Indian economy, accounting for 45% of manufacturing output and 40% of total exports, and they have greatly contributed to the country’s job generation. Micro-enterprise employment increased by 51.6% in one year, from 3.87 lakhs in 2017 to 5.875 lakhs in 2018. Furthermore, according to the Minister of MSMEs, this sector accounts for 30% of the country’s GDP. 63.4 million small and medium-sized enterprises (SMEs) employ over 460 million people in India and contribute nearly 30% of the country’s GDP. The sector employs over 120 million Indians and accounts for 33.4% of India’s industrial production, according to the CII. Including this on exports, SMEs contribute approximately 45% of overall exports. Despite accounting for a sizable portion of India’s GDP, traditional inefficient business practises and a low rate of technology adoption have prevented smaller businesses from reaching their full potential.  According to Google’s analysis, 68% of the 51 million SMEs do not have internet access. SMEs in India have yet to fulfil their full potential and go to the next stage of business development. The finance ministry set a goal of making India a $5 trillion economy, and SMEs are crucial to achieving that objective. The only stumbling block is technology adoption, and these digital enterprises are stepping up to the plate, providing solutions to assist SMEs flourish. #H5 The distinction between SME and MSME is based on SME in China with MSME in India         SMEs in China                                                                              MSMEs in India In China, the definition of a SME is                                          The personnel factor is overlooked  based on the number of employees,                                        when dividing company units into  annual revenue, and total assets of                           

The SME vs. MSME Difference Read More »