MSME Ministry simplifies registration process

LN Revathy Updated - January 23, 2018 at 12:11 AM.

Ko Min, 26, manually extracts oil from one of three 300 feet deep wells he works on in the Minhla township of the Magwe district October 27, 2013. Everyday, Ko Min makes around $30 extracting crude oil from three small wells after he bought rights to use them for close to $1000 from a farmer who owns the land. In Myanmar, an impoverished country rich with natural resources, people from poor communities find ways to supplement their income by exploiting such resources, such as the Minhla township, traditionally rich with oil, often using primitive and dangerous methods. Picture taken October 27, 2013. REUTERS/Damir Sagolj (MYANMAR - Tags: SOCIETY BUSINESS EMPLOYMENT ENERGY)

The focus of the MSME ministry is "simplification of processes", Anup K Pujari, Secretary, MSME Ministry, Government of India, said.

Highlighting the efforts taken towards process simplification, Pujari invited industry association representatives who had gathered at Codissia Trade Fair Complex here to take a look at the single page Udhyog Aadhaar Memorandum.

The notification was uploaded on the ministry's website on September 18. Clicking on the Udhyog Aadhaar page, he said: "We seek basic details for registration of new units; this web-based registration does not ask for documents. Ever since its introduction last month, we have received application from close to 10300 units. Some more similar initiatives are under way," Pujari said.

Explaining why the ministry looked at process simplication rather than issues such as finance and training initiatives, the MSME Secretary said "the latter comes from budget, whereas the former is aimed at "ease of doing business".

The simplified registration obviously will apply to new units. "The existing ones can continue, not mandated to move to this," he said.

On roll out of the new MSME policy Pujari said "reactions have come from various sections and we are considering some changes. While there seems to be no issue on the policy side, voices have been raised on the implementation front".

Pujari told the industrialists that henceforth they would be able to seek online appointment with officials concerned in the respective ministries without any hassle. "This would to a large extent help bring issues to the table much more quickly."

Published on October 18, 2015 10:13