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The Small, Micro Small and Medium Enterprises sector plays a very important role in the Indian economy and have been contributing significantly in the nation’s GDP over the period of last 50-60 years. The main base of this small-scale sector is the rural and semi-rural areas. These small-scale industries efficiently run at much lower capital costs than their large-scale counterparts and also provide numerous employment opportunities to the people of the area they are set in and many adjoining localities too. These small-scale industries help a great deal in the development of these rural and backward areas as they connect their respective areas with industrialization and bring them at par with their fast developing urban neighbors thus ensuring equal distribution of resources and high growth rates in the rural and backward areas of the country. These industries are also known as Micro, Small and Medium Enterprises (MSME).
Thus, the Ministry of MSME assists the states in their efforts to encourage entrepreneurship, and the various employment opportunities created by the Micro, Small and Medium Enterprises and help them to increase their competitiveness. Earlier, under the Micro, Small and Medium Enterprises Development Act of 2006, all the enterprises were expected to be registered with District Industries Centre but a very large number of enterprises were not registered in this manner due to a large amount of paperwork involved and therefore couldn’t draw the benefits of the different government schemes. Therefore in September 2015, the Ministry of MSME introduced the Udyog Aadhaar registration for wider coverage of MSMEs as it can be done easily online on the portal created by the Ministry of MSME. Udyog Aadhaar is a unique 12 digit government identification number provided by the Ministry of MSME.
The MSMEs are divided into three categories:
Jaipur or the pink city or the royal capital is the capital city of-Rajasthan. It has a perfect urban lifestyle in the form of a combination of ancient royal culture and modern day technologies. Talking about the dance styles, Jaipur has many famous dance styles. Kathak is famous here for the rapid and vivacious body movements. The famous folk dance here includes Ghoomar. Also, the katputli dance or the puppet show is very famous in the city.
The Ministry of MSME has introduced the MSME registration in Jaipur in such a manner that there are various incentives and reasons for doing so.
The following documents are required for MSME Registration online in Jaipur:
The process of MSME registration or Udyog Aadhaar registration comes with a number of benefits of its own. In addition to the process being fast, efficient and less strenuous on the wallet, the government provides a number of other benefits to the MSME registration holders.
MSME expands to Micro, Small, and Medium Enterprises.
The MSME registration in India is completely voluntary. Though, it is recommended to get registered so that one can utilize the advantages offered under it.
Getting a provisional registration certificate is recommended before applying for a permanent registration certificate as it helps to get easy clearances from different regulatory bodies.
The provisional registration certificate is valid for a period of 5 years. The permanent registration certificate can be applied for as soon as the unit has become functional.
Typically, an MSME registration can be obtained in one working day.
Any person who has a valid Aadhaar Number can successfully apply for an MSME registration.
Udyog Aadhaar Memorandum (UAM) is a one-page registration form which constitutes a self-declaration format.
Anyone who is registered under the MSME registration scheme can obtain the full benefits provided by the government.
Yes. The applicants can now update or edit their information in Udyog Aadhaar.
Yes. The MSME registration certificate can be used for getting easy and low-interest loans from many public sector banks.