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Indian Economy

Ministry of Micro,Small & Medium Enterprises

Regulation of Functions of MSMEs

Posted On: 07 JAN 2019 4:44PM by PIB Delhi

In order to promote the Ease of Doing Business, the Ministry of Micro, Small and Medium Enterprises (MSME) has introduced various initiatives including online filing of UdyogAadhaar Memorandum (UAM). The Ministry has also taken the following steps:

  1. MSME SAMADHAAN Portal- for empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments.
  2. MSME SAMBANDH Portal- to help in monitoring the implementation of public procurement policy for micro and small enterprises.
  3. MSME SAMPARK Portal – A digital platform wherein jobseekers (passed out trainees/students of MSME Technology Centres) and recruiters get connected.
  4. Digital Payments- to pass on the benefits of the schemes of Ministry of MSME through digital payment gateway.

This was informed by the Minister of State (Independent Charge)for MSMEs, Shri Giriraj Singh in Lok Sabha today.

He further stated that for regulating the functions of the MSMEs, the Government has enacted the Micro, Small and Medium Enterprise Development (MSMED) Act, which is applicable to all the States and Union Territories.




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