In a big push for the Centre’s Make In India mission, the Union Ministry of Micro, Small and Medium Enterprises has registered over 48 lakh MSMEs during past three years since September 2015.
The Ministry said that through its Udyog Aadhaar portal for registration of MSMEs, it has seen registration of 48,39,549 MSMEs in last three years.
Of these, about 10 per cent or 4,86,080 MSMEs were registered from Gujarat and 97,998 MSMEs were from Jharkhand. Minister of State (Independent Charge) for Micro, Small and Medium Enterprises Giriraj Singh provided the information in Rajya Sabha on July 18, in a reply to question by Parimal Nathwani in the Upper House.
According to the statement of the Minister, prior to the launch of UAM, 7.88 lakh MSMEs filed Entrepreneur Memorandums during 2013-14 and 2014-15.
Also, 24,248 MSME registrations have been cancelled in the country on UAM portal, of which 25 and 927 MSME registrations were from Gujarat and Jharkhand respectively.
The rise in the number of MSME unit registrations indicate sustained growth of the small businesses.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.