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FAQs of MSME

There is a government registration for MSMEs, which provides them with a Unique Identification Number and accreditation to certify them as Micro/Small/Medium Enterprises.
 

 On 1 July 2020, the Government of India introduced a new MSME registration scheme, generally known as the Udyam Registration, and from now on the MSME will be referred to as udyam. It is a substitute version of the registration for Udyog Aadhaar or MSME.

No. The enterprises that come under the MSME category need not mandatorily apply for MSME registration.

The existing enterprises registered prior to 30th June 2020, shall continue to be valid till the 31st day of March 2021. An enterprise registered with any other organization under the Ministry of Micro, Small, and Medium Enterprises shall register itself under Udyam Registration.16-Jul-2021

  •     Micro: Less than 1 crore
  •     Medium: Less than 50 crores
  •     Small: Less than 10 crores
  •     Classification: Investment in plant and machin
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