The Government has received very good response with the recently launched simplified Aadhaar based registration system 'Udyog Aadhaar' for MSME sector, the Union Minister for Micro, Small and Medium Enterprises (MSME), Kalraj Mishra has told this to media at a press conference in New Delhi on Tuesday.

"Within a short period 800 registrations have been received under the scheme," the minister said. Under the Prime Minister's Generation Programme (PMEGP), employment of about 118,196 persons have been generated during 2015-16. Reiterating Government's commitment to promote Khadi sector in the country, he added.

Mishra said Government measures and Prime Minister's encouragement to the khadi industry has helped the sector to record 17.55 percent growth during October 2014 - 15. The Minister also briefed the media about other recent initiatives taken by his Ministry.

On ease of doing business he said, "Udyog Aadhaar Memorandum (UAM) for registration of MSMEs : Based on the Hon'ble Prime Minister's suggestion in his 'Mann Ki Baat', on 3.10.2014, to simplify forms to enable ease of registration of MSME's, Ministry has notified a simple one-page registration Form 'Udyog Aadhaar Memorandum' on 18th September, 2015 in the Gazette of India Vide Notification Number S.O 2576 (E).

The simplified one page registration form "Udyog Aadhaar" was made after consultations with the states and stakeholders.

The salient features of the Udyog Aadhaar Memorandum are as under:

Single Page Online Registration-Mobile friendly

Self-Certification

File more than one Udyog Aadhaar

No documents required

No fees for Udyog Aadhaar

The minister also informed that the Framework for revival and rehabilitation of MSMEs has been notified by the Ministry under Section 9 of MSMED Act, 2006 on 29/05/2015. The framework provides a mechanism for revival and rehabilitation with a definite voice to the entrepreneurs and is expected to balance the interests of debtors and creditors.

The framework enables Banks/creditors to identify MSME's which are in the stage of incipient stress and take corrective action to prevent them from becoming NPA's. MSME's can seek revival and rehabilitation benefit through a committee constituted by banks with representative from state Governments, experts and others, he added.

Ministry has opened interactive interfaces on Facebook and Twitter with the objective of disseminating information relating to programmes, schemes and to connect with public at large. "We have been posting all important activities of the ministry through these channels in addition to the websites of the Ministry and its field offices. The response has been quite encouraging with the Facebook and Twitter having attracted over 36,000 followers. This has also been used to elicit public opinion on some recent initiatives of the Ministry," minister added.