Zee NewsJan 7, 2022MSMEs need benefits of registration? Here’s what it looks likeAs of December 31, 2021, the total number of registered users on the Udyam site was roughly 64.10 lakh, which includes both retail and wholesale trading.There are currently lakhs of businesses in the MSME sector, which is considered the backbone of the Indian economy, that may not want the government's incentives for Udyam-registered MSMEs.The Ministry of MSME drew the conclusion based on the available data. Let's have a look at this step-by-step:According to the MSME Ministry's 2020-21 annual report, a total of 21,96,902 businesses registered for Entrepreneurs Memorandum (EM-II) between 2007 and 2015.Read more at Zee News
As of December 31, 2021, the total number of registered users on the Udyam site was roughly 64.10 lakh, which includes both retail and wholesale trading.There are currently lakhs of businesses in the MSME sector, which is considered the backbone of the Indian economy, that may not want the government's incentives for Udyam-registered MSMEs.The Ministry of MSME drew the conclusion based on the available data. Let's have a look at this step-by-step:According to the MSME Ministry's 2020-21 annual report, a total of 21,96,902 businesses registered for Entrepreneurs Memorandum (EM-II) between 2007 and 2015.Read more at Zee News