- Financial Express
MSME Ministry extends validity of Udyog Aadhaar registration till June-end
Ease of Doing Business for MSMEs: Micro, small and medium enterprise (MSME) Ministry has further extended the validity of Udyog Aadhaar Memorandum (UAM) registration till June 30, 2022, from March 31, 2022. MSMEs holding UAM license will now have time till June end to switch to the Udyam registration and continue benefitting from various government schemes and incentives including priority sector lending. Udyam portal was introduced by the government in July 2020 to replace the UAM registration system and ease the online process for businesses to register as MSMEs. The latest UAM extension was announced in a notification by the MSME Ministry.