What is the difference between udyog aadhar and udyam registration
In the dynamic landscape of Indian business, navigating through government regulations is a crucial aspect for entrepreneurs and small business owners. Two terms that often surface in these conversations are Udyog Aadhar and Udyam Registration. While both are related to the registration of small and micro-enterprises, they have distinct differences that play a significant role in the ease of doing business in India. Udyog Aadhar: Unveiling the Basics Udyog Aadhar is a twelve-digit unique identification number provided by the Ministry of Micro, Small, and Medium Enterprises (MSMEs) to small and micro-businesses. It was introduced to simplify the registration process for these enterprises and promote inclusive growth. Here are some key aspects of Udyog Aadhar: 1. Eligibility Criteria: Small and micro-enterprises involved in manufacturing, trading, or services can apply for Udyog Aadhar. The investment limit for micro-enterprises is up to Rs. 1 crore, and for sm