Udyog Aadhaar should unlock the potential of MSMEs, says MSME Ministry
Updated: Dec 18, 2015 01:25:43pm
New Delhi, Dec 18 (KNN) Udyog Aadhaar Memorandum (UAM) shall unlock the potential of MSMEs, besides improving country's international ranking in Doing Business Index, Ministry of MSME said in its Year End Review Report.
The report highlighted that over 95,000 Udyog Aadhar Memorandums (UAM) have already been filed in a short span of three months.
UAM, was launched by the MSME Ministry in the month of September with the view to improve ease of doing business.
“Wide-ranging consultation exercise has been done in the matter in the National Board of MSMEs and the Advisory Committee for MSME Act. It is expected that this simplified one-page memorandum to be filed online shall unlock the potential of MSMEs, besides improving our international ranking in Doing Business Index,” the Ministry said in the report.
The Ministry of MSME came out with a one page UAM, which can be filled the micro, small and medium enterprises online.
However, in exceptional cases, where online filing is not possible due to any reason, a hard copy of the form can be submitted to the District Industry Centre which shall file the Memorandum online on behalf of them.
There is no fee for filling the UAM and there is also no restriction in filling more than one Memorandum using the same Aadhaar Number.
The report said, “This is a path breaking step to promote ease-of-doing-business for MSMEs in India as the UAM replaces the filing of Entrepreneurs’ Memorandum (EM part-I & II) with the respective States/UTs. While some of the States/UTs had made the process online, either by themselves or through the portal created by this Ministry, several States/ UTs were still relying on the manual way of filing EM.”
The cumbersome filing of EM has now been dispensed with and the entrepreneurs in the MSME sector just need to file online, a simple one-page UAM on http://udyogaadhaar.gov.in to instantly get a unique Udyog Aadhaar Number (UAN). The information sought is on self-certification basis and no supporting documents are required at the time of online filing of UAM, the report added. (KNN Bureau)
The report highlighted that over 95,000 Udyog Aadhar Memorandums (UAM) have already been filed in a short span of three months.
UAM, was launched by the MSME Ministry in the month of September with the view to improve ease of doing business.
“Wide-ranging consultation exercise has been done in the matter in the National Board of MSMEs and the Advisory Committee for MSME Act. It is expected that this simplified one-page memorandum to be filed online shall unlock the potential of MSMEs, besides improving our international ranking in Doing Business Index,” the Ministry said in the report.
The Ministry of MSME came out with a one page UAM, which can be filled the micro, small and medium enterprises online.
However, in exceptional cases, where online filing is not possible due to any reason, a hard copy of the form can be submitted to the District Industry Centre which shall file the Memorandum online on behalf of them.
There is no fee for filling the UAM and there is also no restriction in filling more than one Memorandum using the same Aadhaar Number.
The report said, “This is a path breaking step to promote ease-of-doing-business for MSMEs in India as the UAM replaces the filing of Entrepreneurs’ Memorandum (EM part-I & II) with the respective States/UTs. While some of the States/UTs had made the process online, either by themselves or through the portal created by this Ministry, several States/ UTs were still relying on the manual way of filing EM.”
The cumbersome filing of EM has now been dispensed with and the entrepreneurs in the MSME sector just need to file online, a simple one-page UAM on http://udyogaadhaar.gov.in to instantly get a unique Udyog Aadhaar Number (UAN). The information sought is on self-certification basis and no supporting documents are required at the time of online filing of UAM, the report added. (KNN Bureau)
Loading...
