Udyog Aadhaar Scheme

Udyog Aadhaar Scheme

Udyog Aadhaar is a twelve-digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises in India. It is also known as Aadhaar for Business.As of July 2018, more than 48 lakh MSMEs in India are registered under Udyog Aadhaar.

The Udyog Aadhaar is a scheme that helps small enterprises register themselves under the Ministry of Micro, Small and Medium Enterprises (MSME) through an easy and simple process of filling a one-page user-friendly online registration form. Upon registration, MSME issues a 12 digit registration number to these enterprises. In order to avail several benefits available under various Government schemes offered to industries, it is beneficial for the new establishments to get themselves registered under the Ministry.

Benefits of Udyog Aadhar Scheme

  • Udyog Aadhaar registration will enable the units/enterprises to seek information and apply online about various services being offered by all Ministries and Departments.
  • Earlier only medium enterprises were insisted on file EM2 as it was very cumbersome to file, the simplified.
  • Udyog Aadhaar will enable all enterprises to file and register themselves so that simply by using Udyog Aadhaar Number, they can access other services.
  • The process of obtaining Udyog Aadhaar Number is free-of-cost, paperless and results in instant registration.
  • Protection against delay in payment.
  • Fast resolution and disputes
  • Collateral free loans from banks.
  • There are also some Octroi benefits.
  • Several exemptions under Direct tax laws

Here in this article, we have understood what Udyog Aadhaar Scheme is, it will surely be useful for you to grow your business. If you’re wondering for Udyog Aadhaar registration then you should visit the Online Udyog Aadhaar registration portal.

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