During this pandemic where the world's economy is rapidly moving towards downfall, its impact will be felt on all parts of the economy especially the MSME sectors. Indian government has launched various benefits and schemes for MSME or Medium Small and Micro Enterprises to help these sectors.There are a total of 42.2% million MSME units making up to 45% of total Indian manufacturing output. Government has revised and upgraded the scheme to fight Covid-19. Nitin Gadkari,the Union Minister for MSME has urged the officials to revise the existing schemes to help the MSME sector.The Minister also announced that the relief measures announced by RBI should reach these sectors once the lockdown is lifted.
The Udyam Registration is a completely online process for a business, companies, and enterprise that intends to establish micro, small, or medium enterprises. It is a new declaration of Indian Government to boost for SSI and SMEs in the country and below we detail the entire process of registration for the same.
MSME मंत्रालय ने एक नई पंजीकरण प्रक्रिया को उदयम पंजीकरण के रूप में जाना। और सभी मौजूदा उद्योग आधार प्रमाणपत्र धारकों को नए उद्योग पंजीकरण पोर्टल पर फिर से पंजीकरण करना चाहिए। Udyam उदयम के बारे में विस्तार से जानने के लिए लेख पढ़ें|
The ministry of MSME declared a new registration process know as Udyam registration. And all the existing Udyog Aadhaar certificate holders should re-register again on the new Udyam registration portal. All existing micro small medium enterprises registered under Udyog Aadhaar shall register again on the Udyam Registration by 31 March 2021.
Till now, India has 28,380 cases with 886 deaths. The lockdown has also been extended to 3 May, 2020 by the Narendra Modi led Government. A country with a population of 1.3 billion will require a systematic approach so as to minimize the damage arising because of covid-19 breakout. To provide daily essentials to these 1.3 billion people is a really big challenge for the Indian Government along with reviving the economy once this pandemic dies down.