Udyog Aadhaar Memorandum (UAM) crosses 1 lakh registrations

UdyogThe Ministry in September 18, 2015 under the MSME Development Act, 2006 has notified that every MSME unit shall file Udyog Aadhaar Memorandum (UAM). This is a path breaking step to promote ease-of-doing-business for MSMEs in India as the UAM replaces the filing of Entrepreneurs’ Memorandum (EM part-I & II) with the respective States/UTs.

While some of the States/UTs had made the process online, either by themselves orhrough the portal created by this Ministry, several States/ UTs were still relying on the manual way of filing EM. The cumbersome filing of EM has now been dispensed with and the entrepreneurs in the MSME sector just need to file online, a simple one-page UAM on http://udyogaadhaar.gov.in to instantly get a unique Udyog Aadhaar Number (UAN). The information sought is on self-certification basis and no supporting documents are required at the time of online filing of UAM.

The UAM can be filed online by individuals themselves in case they have an Aadhaar Number. However, in all exceptional cases, including those of not having an Aadhaar Number, the UAM can be filed in offline mode (i.e. on paper form), with the General Manager (GM) of the concerned District Industries Centre (DIC).

The UAM has emerged from the vision of Honorable Prime Minister of India shared with the Nation through “Mann Ki Baat” telecast on 03-10-2014 and the recommendations for Universalization of Registration in the Report of the Kamath Committee on Financial Architecture of MSME sector.

Wide-ranging consultation exercise has been done in the matter in the National Board of MSMEs and the Advisory Committee for MSME Act. It is expected that this simplified one-page memorandum to be filed online shall unlock the potential of MSMEs, besides improving our international ranking in Doing Business Index. Within a short time of three months, more than  100,368 UAMs have been filed in the country.

Statewise breakup of the registrations can be seen here

http://udyogaadhaar.gov.in/UA/Reports/StateBasedReport_R3.aspx

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