COVID-19 relaxation :- MSME ministry extends validity of Udhyog Aadhaar till Dec 31, 2021
MSME ministry extends validity of Udhyog Aadhaar till Dec 31, 2021
The said amendment
has been carried out considering the hardships
faced by MSMEs during the prevailing COVID-19 situation and the representations received from the various
MSME associations, financial institutions, and government departments dealing
with the interest of MSME Sector.
Key Highlights:-
Earlier, all enterprises registered until June 30, 2020, were asked to file a new registration on the Udyam Registration Portal before March 31, 2021.
2 Above extension would facilitate the holders to avail benefits of the provisions under various existing schemes and incentives, including Priority Sector Lending benefits for MSME.
· UAM is a one-page registration form that constitutes a self-declaration format, under which the MSME entrepreneur will self-certify its enterprise’s existence, bank account details, promoter/owner's Aadhaar details, and other required information.
·
The
enterprises can register on https://udyamregistration.gov.in free of cost
and without any documents.
·
Only PAN and Aadhaar are required for registration on the
Udyam portal.
·
Since
it is a one-time registration, no
renewal is necessary. Post the registration, a permanent registration number is provided, and after
completion of the process, a
certificate is issued online.
Ministry of Micro, Small and Medium Enterprises Extends Validity of Udyog Aadhaar Memorandum from 31st March, 2021 to 31st December, 2021
Ministry of Micro, Small and Medium Enterprises has issued an amendment to the original notification No. S.O. 2119 (E) dated 26.06.2020 vide 2347(E) dated 16.06.2021, extending the validity of EM Part-II and UAMs from 31.03.2021 to 31.12.2021. This would facilitate the holders of EM Part-II and UAMs to avail benefits of the provisions under various existing schemes and incentives including Priority Sector Lending benefits of MSME.
Considering the hardships faced by MSMEs during the prevailing COVID-19 situation and the representations received from the various MSME associations, financial institutions and Government departments dealing with the interest of MSME Sector, the said amendment has been carried out.
It is expected that existing EM Part-II and UAM holders would be able to migrate to the new system of Udyam Registration, which was launched on 1st July, 2020, and would avail the benefits of Government Schemes, thereby paving the way for strengthening MSMEs and leading to their faster recovery, boost to their economic activity and creation of jobs.
Interested enterprises can register on https://udyamregistration.gov.in free of cost and without any documents. Only PAN and Aadhaar are required for registration on the Udyam portal. So far, this portal has facilitated registration and classification of 33,16,210 enterprises as on 17.06.2021 (5.26.43 PM).
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