Udyog Aadhaar
Country India
MinistryMinistry of Micro, Small and Medium Enterprises, India
Key peopleGiriraj Singh
LaunchedSeptember 2015 (2015-09)
Status4.8 million MSMEs registered as of July 2018[1]
Websiteudyogaadhaar.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]


Documents Required for Udyog Aadhaar

  • Aadhaar card or Aadhaar Enrolment ID slip[6]
  • Bank passbook with photograph
  • Voter ID card
  • Passport
  • PAN card
  • Driving license
  • An employee ID card issued by the Government (if any)
  • Caste certificate (for SC, ST, and OBC category)

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

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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