What does the term "Udyam Registration" mean?
In response to the Kamath Committee's recommendations, the Ministry of MSME, in cooperation with the National Board of MSMEs and the Advisory Committee, has developed a one-page registration form that serves as a self-declaration format for businesses to register with the Ministry of MSME. The business is given a Udyog Aadhaar Acknowledgement with a unique identifier, the Udyog Aadhaar Number, after completing the registration.
According to the Udyam Registration requirements, Udyam Registration can be completed by completing a self-declaration. The following is an excerpt from the relevant notification: