In order to support MSME entities, Govt. has initiated various steps to boost the industry & economy. Besides changing definition to cover the large number of Business Houses under MSME umbrella, Govt. has introduced a concept of “Udyam Registration” w.e.f. 1st July’20 for existing registered entities and new MSME enterprises. The related notification No. S.O. 2119(E) dated 26th June’20.
For Udyam Registration: click here
This registration will remove existing anomalies in the database & bring alignment with new understanding. It support in identifying the eligibility of financial support in terms of debt or various subsidies under promotional schemes.