MSME certificate is very important to get the benefits of all the services that the government launches for MSMEs. There are many company owners who don’t know how to download the MSME certificate and this article will teach them all about it step by step. There are two ways to download the MSME registration certificate online, one is by using the UAN number and the other is without it. The method that uses UAN number is very easy, the users just have to enter all the details, and the UAN number and they can get the download link of the certificate. This article will mainly focus on downloading the certificate without UAN number. There are times when business owners might need it urgently and they might not have the UAN number or a copy of the MSME registration certificate. To learn how to do it, follow this article till the end. There is a step by step guide which will help people to download MSME certificate on their devices.
According to CII (Confederation of Indian Industry), MSME or Micro Small and Medium enterprises form up to 63.4 million units. These sectors contribute up to 6.11 % of the manufacturing GDP and 24.63% of the GDP from services as well as form up to 33.4 % of India's manufacturing output. They also make up to 45% of the total manufacturing output for exports providing employment to around 120 million persons in India. So, with the above-stated data, it is clearly seen that they form the backbone of the Indian economy. To encourage these small business sectors, the Government of India launched the MSME Act in 2006 which has been changed in 2015 to Udyog Aadhar.
The micro, small and medium enterprises are the lifeblood of any country's economy. These are the types of business which form the base of the country's economy. A business of this type flows from the lower sections of the society to the higher ones. Most of the country is dependent on the business persons who deal with micro, small and medium enterprises. It is essential to acknowledge the role of MSMEs in a country's economy. The crisis which is faced by MSMEs during the times of lockdown cannot be what is resolved by anyone other than the government. The government institutions are greatly responsible in order to bring out the micro, small and medium enterprises from their dire state of the economy.
Nirmala Sitharaman revealed the Rs 20,00,000 crore upgrade bundle, marked 'Atmanirbhar Bharat Abhiyan', planned for prodding development and building a confident India. The financial bundle will take into account the MSMEs, workers, white-collar class industry. It will likewise oblige the bungalow industry, the FM said Sitharaman reported six measures for MSMEs. Two estimates identified with EPF, two identified with HFCs and MFIs, one for discoms, one for land, notwithstanding three other duty measures.
MSME loan generally stand for Micro Small and Medium Enterprise Loan. It is also known as the SME Loan i.e. Small and Medium Enterprise Loan. The Government of India provide loans to small business owner, startups, Enterpreneurs for the purpose of financial requirements. MSME loan help businesses by meeting their financial requirements and help them in business growth. The duration of an SMEs loan is depend on the amount of loan taken and fulfilments of eligibility criteria. The MSME loan interests are offered on the basis of Loan amount, period of repayment, business classification under MSME, applicant profile, creditworthiness, financial background, and repayment potential.