SME Times is powered by   
Search News
Just in:   • Canadian PM to attend WEF meeting  • All financing options open for HPCL deal: ONGC  • Canada PM to attend WEF meeting  • Modi to meet business leaders at World Economic Forum  • Facebook to skill 1 mn in EU by 2020 
Last updated: 14 Nov, 2016  

k-k-jalanTHMB.jpg No fee for MSME registration, clarifies Secretary MSME

K.K. Jalan sp
   Top Stories
» Modi to meet business leaders at World Economic Forum
» RBI Deputy Governor for online platform for NPA sales
» Regulation should not stifle industry: Commerce minister
» Some tried to sabotage demonetisation, but nation stood behind: PM
» Jaitley calls for CSR compliance by corporates
IANS | 14 Nov, 2016
Denying reports that the government is charging a registration fee for filing Udyog Aadhar Memorandum, the only form of registration for micro, small and medium enterprises (MSME) in India, the ministry said the registration is free of cost.

"The Udyog Aadhar Memorandum has no fee. You can get it free of cost in three minutes. It is on our ministry's site," MSME Secretary K.K. Jalan said in an interview.

"You can go to our website and there is no charge. What the people have done is that they have created websites, claiming they will help you in getting the registration and, in addition, provide other services," he said.

"We have made the registration of MSMEs possible online. There is just one page simple registration form online. One can get his firm or SME (small and medium enterprise) registered online within 3-4 minutes, without any cost," he added.

Jalan added: "There are some complaints with us. We have also filed a complaint with the CBI, mentioning some sites which are fleecing people. I would like to clear that it is free of cost, it is a three-minute job and you should not pay even a single rupee for registration."

People facing problems with the registration can just walk into any MSME office or MSME tool room and get it done, Jalan said. The ministry has 100 offices across the country.

He said the sector creates around 15-20 lakh jobs every year.

The three categories of enterprises under MSMEs are based on the size of investment.

Micro is where the plant and machinery investment is about Rs 25 lakh or less. Small is where the investment is not more than Rs 5 crore, and medium is where investment is not more than Rs 10 crore.

The MSMEs can be divided into three categories. One category of MSMEs can be called ancillary industry, which has come up for assisting a large industry to produce.

The second category comes up for providing services to the population. The third category is for converting farm produce or raw material into value-added product.
Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

free MSME registration
vs rao puvvadi | Wed Nov 16 06:40:44 2016
This story is of a boon to new msmes. Educates about categories of industries and brings awareness of welfare measures taken up by government & fradulant sites. Thank you for presenting such an useful article to people.

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 22 Jan, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(33)
» Manufacturing relief(2)
» GST Council reduces GST rates on 18 handicrafts items(2)
» FIEO urges states to help, support exporters particularly MSMEs(2)
» Current policies favourable for electric vehicle industry: Lohia Auto CEO (1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter