MSME is an abbreviation for Micro, Small and Medium Enterprises. In a country like ours, the MSME sector is relatively significant in the sense that it is second to agriculture in terms of providing employment.
The MSME Databank is a comprehensive database of all the MSMEs in India. It is mandatory for all MSMEs to provide information regarding the business to the government through the means of the MSME Databank.
– Udyog Aadhaar Memorandum
– Eligibility Criteria for MSME Databank
– Registration Procedure
1. Udyog Aadhaar Memorandum (UAM)
The UAM registration form is a single-page form, the purpose of which is to self-certify the existence of your business entity. The basic details of your business, your bank details, the owner/promoter’s Aadhaar details, and other related details need to be entered in and submitted. There is no fee to be paid for the UAM registration. Once the form is submitted, an acknowledgement will come to the registered email address via an email, containing the UAN.
Udyog Aadhaar Number (UAN) is a unique 12 digit number, an identification number generated by the Ministry of MSME for businesses to register themselves as MSMEs. It is essentially an Aadhaar for Businesses. Having a Udyog Aadhaar number saves businesses from a lot of procedural hassle that they would otherwise have to experience if they were undergoing the MSME registration process.
2. Eligibility Criteria for MSME Databank
There are two prerequisites to be complied with in order to be eligible for the MSME Databank registration:-
–Udyog Aadhar Number:
(Where the Udyog Aadhaar number is that of the North East region, the registered mobile number with the Udyog Aadhaar becomes mandatory)
1. In the case of corporates such as companies and LLPs, the PAN of such company or LLP must be mandatorily entered in the form.
2. Where it is a non-corporate such as a sole proprietorship, the PAN of the proprietor may be entered in the form.
So, any business entity having a PAN card and a Udyog Aadhaar Number or any promoter/person having a PAN Card and an Aadhaar Number is eligible to register their business with the MSME Databank.
3. Registration Procedure
- Log on to the MSME Databank website and click on the “Register” button.
- The following information needs to be filled in:
a. Basic Details:
Particulars Description UAN 12 digit number PAN 10 digit Alphanumeric Mobile Number Registered with UAN Enterprise Name Will appear automatically after entering the UAN Category Unit Size
Will appear automatically
Organisation Type Major Activity (Manufacturing/Service/Trading) State District Pincode Date of Commencement Address for Communication Enterprise Social Category Email ID Mobile Number Authorised Person Name Name of the person to appear as an AP Nature of Operation
Official Website (if any) URL to be provided. Cluster Name (if any) Optional
(A cluster is a group of business entities in a particular area that manufacture similar products or provide similar services.)
Special Category of Entrepreneur (if any)
- Person with Disability
Registration under The Factory Act 1948 If yes, tick the box and provide details Registration under the Shop and Establishments Act Ancillary Unit Any other information
b. Where the entity is a manufacturing entity – Factory and Product Details:
The following details must be reported for every factory and every product:-
Particulars Description Enterprise Address The address details to be provided. District Will appear automatically post entering UAN State Pincode Person Employed Details of the number of people employed Installed Capacity (Per Annum) Details of yearly production on a specified unit basis Investment in Plant/Machinery Amount invested should be reported as Rupees in lakhs Power Load Details to be provided in KW/HP Enterprise Product Description Details regarding the product offered Major Raw Material Used At least one raw material’s details are mandatory Major Buyers Details of the biggest clients Turnover in the Previous Year Details to be provided in Rupees in lakhs Product Details to be Added Details of at least one product is mandatory Product Name Name of the product being manufactured Product Code HS code has to be chosen from the dropdown list Annual Production Capacity What is the capacity on a per annum basis? Production Measurement Unit Measurement system – Kgs, Litres, meters, etc.
c. Where the entity is a service enterprise – Enterprise and Service Details
Particulars Description Enterprise Address The address details to be provided. District Will appear automatically post entering UAN State Pincode Person Employed Details of the number of people employed Investment in Equipment Amount invested in Rupees in lakhs Power Load Details to be provided in KW/HP Enterprise Service Description Details regarding the services offered Major Clients Details of the biggest clients Turnover in the Previous Year Details to be provided in Rupees in lakhs Service Details to be Added Details of at least one service is mandatory Service Name Name of the service being provided Service Code HS code has to be chosen from the dropdown list
d. Other Additional Details:
Bank Details Name of the Bank The bank where the account of the business is held Bank Account Number Corresponding Account Number IFSC Code Corresponding IFSC Code Assistance Details Assistance Taken From Name of the Development Organisation (DO)
Ex:-Mahatma Gandhi Institute of Rural Industrialisation (MGIRI), National Institute for Micro, Small and Medium Enterprises (NIMSME), National Small Industries Corporation Limited (NSIC)
Name of the Scheme Scheme opted for Amount of Assistance Availed Amount to be specified in Rupees in lakhs Date Date on which Assistance was availed Association Details Name of the Association Select the Association Date of Enrollment Date on which it became a member
Hand holding by Development Organisation (if any) -Name of the office to be provided.
Appreciation/Award Details Name of the Award/Appreciation Select from the dropdown list. Details Details associated with the award Date of Receipt Date on which the award was received
Further, details regarding renewable energy usage, imports and exports, technological upgrades, and quality certification are also to be answered. Once all of these details are filled in, tick the declaration boxes, and then submit the application via the “Submit” button.
Once the submission is complete, the applicant will receive an email on his/her registered email id containing the login details as well as a link for the verification of the email address. Once the verification of the email id is complete, the entity will be able to login to the www.msmedatabank.in portal and make the changes to the details of their organisation as they see fit.
Registering under the MSME scheme can reap heaps of benefits. One of the major advantages being the registered MSMEs can undertake the role of suppliers to the government. Additionally, these units have become eligible for subsidized loans as well, as the country races to meet and eventually become the world leader in terms of quality goods and services.
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