MSME Extends Validity of Udyog Aadhaar Memorandum from 31st March 2021 to 31st December 2021



Quick Summary
The Ministry of Micro, Small and Medium Enterprises (MSME) has extended the validity of Udyog Aadhaar Memorandums (UAMs) and EM Part-II from 31st March 2021 to 31st December 2021. This decision aims to support MSMEs facing difficulties due to the COVID-19 pandemic, allowing them to continue accessing benefits from various schemes, including Priority Sector Lending. The extension is intended to help businesses migrate to the new Udyam Registration system and foster economic recovery.

Ministry of Micro, Small and Medium Enterprises Extends Validity of Udyog Aadhaar Memorandum from 31st March, 2021 to 31st December, 2021

Ministry of Micro, Small and Medium Enterprises has issued an amendment to the original notification No. S.O. 2119 (E) dated 26.06.2020 vide 2347(E) dated 16.06.2021, extending the validity of EM Part-II and UAMs from 31.03.2021 to 31.12.2021. This would facilitate the holders of EM Part-II and UAMs to avail benefits of the provisions under various existing schemes and incentives including Priority Sector Lending benefits of MSME.

Considering the hardships faced by MSMEs during the prevailing COVID-19 situation and the representations received from the various MSME associations, financial institutions and Government departments dealing with the interest of MSME Sector, the said amendment has been carried out.

It is expected that existing EM Part-II and UAM holders would be able to migrate to the new system of Udyam Registration, which was launched on 1st July, 2020, and would avail the benefits of Government Schemes, thereby paving the way for strengthening MSMEs and leading to their faster recovery, boost to their economic activity and creation of jobs.

MSME Extends Udyog Aadhaar Validity to December 2021

Interested enterprises can register on https://udyamregistration.gov.in free of cost and without any documents. Only PAN and Aadhaar are required for registration on the Udyam portal. So far, this portal has facilitated registration and classification of 33,16,210 enterprises as on 17.06.2021 (5.26.43 PM).

FAQ :

The validity of Udyog Aadhaar Memorandums (UAMs) and EM Part-II has been extended from 31st March 2021 to 31st December 2021.

The extension is due to the hardships faced by MSMEs during the COVID-19 pandemic and representations received from MSME associations and financial institutions.

MSMEs can continue to avail benefits under various existing schemes and incentives, including Priority Sector Lending benefits.

The new system is called Udyam Registration, which was launched on 1st July 2020.

Enterprises can register on the Udyam portal at https://udyamregistration.gov.in free of cost, requiring only PAN and Aadhaar for registration.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »


Popular News





CCI Pro