MSME (Micro, Small, and Medium Enterprises) Registration, also known as Udyam Registration, is a government initiative to support small and growing businesses in India. It helps businesses avail benefits such as subsidies, low-interest loans, priority in government tenders, protection against delayed payments, and access to various schemes. Businesses are classified as Micro, Small, or Medium based on their investment in plant & machinery and annual turnover. The registration process is online, paperless, and based on Aadhaar and PAN verification. No government fee is charged for registration.
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