Udyog Aadhaar

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Udyog Aadhaar
CountryFlag of India.svg  India
Ministry Ministry of Micro, Small and Medium Enterprises, India
Key people Giriraj Singh
LaunchedSeptember 2015;8 years ago (2015-09)
Status4.8 million MSMEs registered as of July 2018 [1]
Website udyogaadhaar.gov.in

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]

Contents


Documents Required for Udyog Aadhaar

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. [7]

See also

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References

  1. 1 2 "48 lakh MSMEs registered on Udyog Aadhaar portal". The Hindu Business Line . 18 July 2018. Retrieved 26 May 2019.
  2. "Aadhaar-like ID number for businesses in the works". The Economic Times . 2 February 2018.
  3. "Govt to ask Micro Small Medium Enterprises to obtain Udyog Aadhaar". Indian Express . 22 July 2018.
  4. Pai, T.V. Mohandas; Pai, Siddharth (6 February 2018). "Budget 2018 analysis: muted ecstasy and tempered agony". The Hindu .
  5. "Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar to avail benefits of various schemes". Firstpost. Press Trust of India. 22 July 2018.
  6. "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.
  7. "Is small beautiful? A critical evaluation of MSME policy and performance in India". Ideas For India. Retrieved 7 July 2022.


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