Udyam Registration vs. Udyog Aadhar: A Comparative Analysis
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For businesses in India, government registrations are crucial for accessing various benefits and incentives. In recent years, the Indian government has streamlined these processes with the introduction of the Udyam Registration scheme. This article compares Udyam Registration with its predecessor, Udyog Aadhar, highlighting key differences and benefits. What is Udyam Registration? Udyam Registration is an online simple process for businesses in India to obtain a unique registration number. It aims to create a centralized database of all businesses in the country, fostering transparency and ease of access to government schemes. What is Udyog Aadhar? Udyog Aadhar was a 12-digit unique identification number issued by the Ministry of Micro, Small and Medium Enterprises (MSMEs) to micro, small, and medium enterprises 1 (MSMEs). It was introduced to streamline the process of accessing government benefits and subsidies for MSMEs. Key Differences Between Udyam Registration and ...