Intro – The MSME Ministry has launched a new portal “Udyam Registration” for entrepreneurs.
New Delhi: The Union Ministry of Micro, Small and Medium Enterprises (MSME) has launched a new portal “Udyam Registration” (www.udyamregistration.gov.in) for entrepreneurs to guide them step by step as to what they should know, what they should do for registration process.
The new process of Classification and Registration of enterprises is starting from 1st July, 2020. An enterprise for this purpose will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’.
Ministry has expressed confidence that this process will be extremely simple, seamless entrepreneur friendly. It will set an example in Ease of Doing Business, not only in India but internationally. It will reduce transaction time and costs. Entrepreneurs and Enterprises can focus on their real work and become globally competitive.
