Udyog Aadhar or MSME Registration
Udyog Aadhar ( MSME) Registration in India
Atmanirbharta Bharat Abhiyan Scheme for MSME
- Avail Financial Assistance under Atmanirbharta Bharat Abhiyan
- Get Loans at subsidised interest rates, Avail Govt. Scheme, Fee Concessions, etc.
- MSME or Called Udyog Aadhar Registration based on Aadhar Card of Entreprenuer.
- Our Fee Rs. 2360/- | Registration in 3-4 working hours
Atmanirbhar Bharat package for MSME at a glance Announced by Finance Minister Nirmala Sitharaman on May 13 2020
MSMEs have been facing stress ever since the country entered a lockdown due to COVID-19. Businesses were shut, salaries delayed and cash crunch was a reality.
Finance Minister Nirmala Sitharaman on May 13 announced measures to help support and revive the micro, small and medium enterprises (MSMEs) battered by the COVID-19 outbreak under Atmanirbhar Bharat package.
The measures taken by the Finance Ministry include,
- Rs 3 lakh crore of collateral-free automatic loans,
- Rs 20,000 crore subordinated debt for stressed MSMEs,
- Rs 50,000 equity infusion through fund of funds,
- MSME definition change; more widen
- Global tender restrictions upto Rs 200 crores as well as e-market linkages.
Now both manufacturing and servicing enterprises will be under one segment. Firms with less than Rs 1 crore investment and below Rs 5 crore turnover will be called micro entities while those with below Rs 10 crore investment and less than Rs 50 crore turnover will be small entities. Medium entities will be those with less than Rs 20 crore investment and turnover below Rs 100 crore.
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Benefits of Udyog Aadhar ( MSME) Registration
Govt. Scheme
MSME registered Business can avail benefits of all the government schemes such as an easy loan process under various scheme for MSME, loans with subsidised rates of interest etc.
CGTMSE Scheme
The Micro and Small Enterprises are also eligible for collateral-free loans up to Rs. 1 crore under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE Scheme). This is a collateral free loan and the Central Government takes guarantee of the borrower and To improve the timely funds’ availability to the MSME Sector, the Government of India has classified loans to Micro and Small Enterprises under priority sector lending.
Govt. Fee Concession
50% Govt fee concession in filing of Trademark and Patent registration.
Bank Account Opening
Facilitate hassle-free opening of current bank accounts in the name of the business.
Support Assistance in Foreign Expo
Receive financial support for participating in foreign expos to showcase their products.
Other Benefits
Micro and Small enterprises also enjoy Other Subsidies from State Governments such as extended credit facilities, Industrial extension support, and services, Assistance in marketing, Assistance for construction of industries in underdeveloped areas, Technical consultancy, assistance in the capital, Excise exemption and Exemption under direct tax laws etc.
