Micro, Small and Medium Enterprises (MSMEs) sector is in a decline as number of sick MSME units is on the rise in the country for past few years. The government blames it on economic slowdown. “Number of sick MSMEs in the country at the end of March 2013, March 2014, and March 2015 was 2.22, [&he…
Tag: Udyog Aadhaar Memorandum (UAM)
MSME database to be digitised soon
The relevant data regarding the country’s 51 million Micro, Small and Medium Enterprises (MSMEs) will be digitised soon, according to P Uday Kumar, Director, National Small Industries Corporation (NSIC). The Union Ministry of MSME has launched the new initiative to capture data regarding these in…
Bihar tops in MSME registrations using UAM
More than 7.9 lakh MSMEs have registered themselves using Udyog Aadhaar Memorandum (UAM) out of which maximum are from Bihar and minimum from the north eastern states. According to the data available on the UAM website, 794,886 MSMEs have registered themselves through UAM. Out of the total units …
MSME Minister Kalraj Mishra lists NDA Government’s two year achievements ( 2014-16)
Union MSME Minister Kalraj Mishra and MoS (MSME) Giriraj Singh interacted with media and listed the achievements of the Ministry in last two years. Mishra stated that one of the main changes which have been brought by him in the Ministry is transparency and accountability in implementation of Sch…
Leverage technology to enable good governance and employment generation: MSME Ministry
The MSME Ministry has emphasized on the need for using information technology for good governance and employment generation in the sector. Addressing a meeting of senior officers of The Ministry, Micro, Small & Medium Enterprises (MSMEs) Kalraj Mishra expressed satisfaction that Udyog Aadhaar…