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Govt to urge MSMEs registered under GSTN to obtain Udyog Aadhaar number

Updated: Jul 23, 2018 07:56:20am
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Govt to urge MSMEs registered under GSTN to obtain Udyog Aadhaar number

New Delhi, July 23 (KNN) In a bid to tailor government policies to match Micro, Small and Medium Enterprises (MSMEs) needs, the government will request the MSMEs registered under the Goods and Service Tax Network (GSTN) to obtain Udyog Aadhaar number.

The move is aimed at converging the GSTN’s data base with Udyog Aadhaar’s and procuring MSMEs’ contact details and information about their businesses, so that MSMEs can avail benefits of various government schemes as per their needs.

In this regard, the finance ministry is reportedly likely to send an email to 1 crore MSMEs soon, detailing the services that can be obtained using Udyog Aadhaar.

The ministry cannot obtain the details of the enterprises without their consent, owing to data privacy provisions under the GST Act, MSME Secretary AK Panda said, as per a media report.

However, he said the e-mail will not make it mandatory for MSMEs to register with Udyog Aadhaar, but will only suggest the enterprises to opt for it.

“We are planning to request the Finance Ministry to send a mail to everybody who is registered in GSTN but not registered in Udyog Aadhaar to get registered under the Udyog Aadhaar and avail benefits,” Panda said.

Over 48 lakh MSMEs are presently registered under Udyog Aadhaar, which enables these units to seek information and apply online for various services offered by different ministries and departments.

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