Udyam registration is a certificate provided by Govt. under the Micro, Small and Medium Enterprises Development Act 2006. The main objective of Govt. to provide MSME registration is to safeguard the interest of small businesses against big industries, to extend benefit of various govt. schemes, to promote growth of small businesses in India
MSME stands for Micro, Small and Medium Enterprises. MSME pays a crucial role in Indian economy and contributing significant growth in employment generation and exports. Any entrepreneur who wants to register its business as MSME have to take UDYAM registration. Government notifies the criteria of investment or turnover for any business according to which they can categorize any business as MSME.
Benefits of UDYAM Registration: -
Key Points to be considered: -
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