Udyog Aadhaar: Difference between revisions
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== External links == |
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* [https://udyogaadhaar.gov.in Official website] |
* [https://udyogaadhaar.gov.in Official website] |
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* [https://msme.gov.in/sites/default/files/Udyog_Aadhar_Booklet.pdf Udyog Aadhar booklet] |
* [https://msme.gov.in/sites/default/files/Udyog_Aadhar_Booklet.pdf Udyog Aadhar booklet] |
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* [https://udyam-registeration.org/ Udyam registration] |
* [https://udyam-registeration.org/ Udyam registration] |
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* [https://udyamregister.org/ Udyam registration portal] |
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Revision as of 16:12, 23 February 2023
| Udyog Aadhaar | |
|---|---|
| Country |  India |
| Ministry | Ministry of Micro, Small and Medium Enterprises, India |
| Key people | Giriraj Singh |
| Launched | September 2015 |
| Status | 4.8 million MSMEs registered as of July 2018[1] |
| Website | udyogaadhaar |
| This article is part of a series on the |
| Politics of India |
|---|
 |
 India portal |
Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Indian Ministry of Micro, Small and Medium Enterprises beginning in September 2015.[2][3] It is also known as Aadhaar for business.[4] As of July 2018, more than 4.8 million (48 lakh) MSMEs[1] in India are registered under Udyog Aadhaar.[5]
Benefits
- Eligibility for participation in the India International Trade Fair.
- Stamp duties and registration fees waived.
- Barcode registration subsidy.
- 15% subsidy under CLCSS technology scheme.
- Preference and exemptions when applying for government tenders.
- Concessional electricity bills.
- Reimbursements for ISO certification.
- 1% exemption on OD (overdraft loan) interest.
- Optimal loan limit increased to Rs. 5 million (50 lakh).
- Guarantee cover increased from 75% to 80%.
- Reservation of products for manufacturing by MSMEs/SSIs.
- Eligibility for IPS subsidy.
- Excise Exemption scheme.
- 50% subsidy for patent registration.
Documents Required for Udyog Aadhaar
- Aadhaar card or Aadhaar Enrolment ID slip[7]
- Bank passbook with photograph
- Voter ID card
- Passport
- PAN card
- Driving license
- An employee ID card issued by the Government (if any)
- Caste certificate (for SC, ST, and OBC category)[1][better source needed]
Criticisms
Companies registered under Udyog Aadhaar are often noted for their poor productivity; both capital and labour productivity per unit of output are low compared to bigger firms. This indicates that Udyog Aadhaar has failed to augment technological adoption for MSMEs.[8]
See also
References
- ^ a b "48 lakh MSMEs registered on Udyog Aadhaar portal". The Hindu Business Line. 18 July 2018. Retrieved 26 May 2019.
- ^ "Aadhaar-like ID number for businesses in the works". The Economic Times. 2 February 2018.
- ^ "Govt to ask Micro Small Medium Enterprises to obtain Udyog Aadhaar". Indian Express. 22 July 2018.
- ^ Pai, T.V. Mohandas; Pai, Siddharth (6 February 2018). "Budget 2018 analysis: muted ecstasy and tempered agony". The Hindu.
- ^ "Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar to avail benefits of various schemes". Firstpost. Press Trust of India. 22 July 2018.
- ^ "Udyog Aadhaar: 25 Benefits of Registering Aadhaar for your Business".
- ^ "Udyam Registration : Zero cost, No Fee and Free Registration of MSMEs. This is official website of Govt. of India, Ministry of MSME. No other website/portal/app is official. MSMEs are requested to do MSME Registration here only". udyamregistration.gov.in. Retrieved 29 August 2022.
- ^ "Is small beautiful? A critical evaluation of MSME policy and performance in India". Ideas For India. Retrieved 7 July 2022.
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