New online system of MSME/Udyam registration stands test of time & technology

By OEM Update Editorial November 9, 2020 4:40 pm IST

New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. 1st July, has stood the test of Time & Technology as more than 11 lakh MSMEs have successfully registered themselves by now.

It may be stated that Ministry of MSME had revised the definition of MSMEs and process of registration w.e.f. 1st July, 2020. It also launched a new portal for MSME/Udyam registration (https://udyamregistration.gov.in). Since then, the portal is working smoothly. In a major first, this portal is seamlessly integrated with CBDT and GST networks as also with the GeM. It may be noted that through this integration, now MSME registration is a totally paperless exercise.

Ministry has instructed all of its Field Establishments such as MSME-Development Institutes, MSME Technology Centers, NSIC, KVIC, Coir Board to extend full support to entrepreneurs for Udyam Registration. Similarly, all District Magistrates and District Industries Centers have been requested to expedite registration by the MSMEs. Grievances of MSMEs relating to registration are being handled by CHAMPIONS’ platform through its network of Central Control Room and 68 State Control Rooms across the country.