Udyog Aadhar Used For @ Small Business

 


Udyog Aadhar:


It was mainly started in the year 2015 to simplify the registration process for these enterprises, because before the industry base, the registration process was tedious and paper-heavy and separate registration for both small industry and MSMEs, Was required.


So below are some bullet points on the difference between Udyam registration and Udyog Aadhar.


  1. Both Udyam Registration and Udyog Aadhaar are the same from 1st July 2020 as Aadhaar registration is converted to Udyam registration process from July.

  2. Udyog Aadhaar is not integrated with other government portals like Gem and Trades portal etc., but the industry registration is fully integrated and is registered during industry registration.

  3. One can apply without Udyog Aadhaar mobile link facility, but Udyam registration only requires Aadhaar card which is associated with any mobile number.

  4. Udyog Aadhaar can be registered in the name of different forms many times but only one Aadhar card person applicant can be registered in Udyam Registration.



Udyog Aadhar Registration Benefits. 

If you want to enjoy the following benefits of MSME / subsidy / low-interest loan / collateral free loan / etc. then you will have to register under the new Udyog scheme

  1. Reduction in interest rate for loans

  2. Collateral free loans from banks

  3. Protection against late payment

  4. Beneficial Reservation Policies in Manufacturing / Production Sector

  5. Ease of obtaining license, registration and approval

  6. International Trade Fair Special Considerations

  7. Barcode Registration Subsidy



                             

Comments

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