For the ease of business of MSMEs, Ministry’s portal for new registration of Udyam (udyamregistration.gov.in/) is being integrated with TReDS and GeM in a seamless manner. Therefore, it would be just enough and useful to register as MSME on the Government portal. Integration with TReDS and GeM mechanisms will happen automatically. To re-iterate, registration as MSME/Udyam is online and totally free of cost. It is also paperless and fully based on self-declaration. No proof or documents are required;
We encourage the MSMEs to register on the Udyam Registration Portal. As on 1st September, close to 4.00 lakh registrations have already taken place since the new system was launched in July;
The Ministry of MSMEs re-iterates and alerts the enterprises and entrepreneurs to beware of fake websites who are charging money in the name of facilitating registration. It is requested that the registration should be done on and through the Government website only.
It may be stated, The MSME Development Act of 2006 provides that such dues should be paid within 45 days. However, it is seen that MSME suppliers of goods and services do not receive their due payments within stipulated time. Public and private entities do cross this time limit and hence they cause hardship to the MSMEs.
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