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Synopsis While the ease in the registration process is welcomed by both MSME’s and first-generation entrepreneurs, they are also expecting more relaxation in the continuations of the process in the coming years. iStock India reported 1.16 million cyber security cases in 2020, which is three times more than 2019, as per government data presented in parliament. Indian youth today have displayed a much welcomed penchant for starting-up, which has bolstered the existence of MSMEs since 2001, helping the sector become much more organised and advanced. Being a young nation, India is evidently evolving and MSMEs play a pivotal role in this economic renaissance. Emphasising the importance of MSMEs, the government has recently taken a big step by easing out the registration of business processes, also known as ‘Udayam Registration’.

Indian msmesAtmanirbhar bharatGovernance infrastructure limitedMedium enterprisesSmall scale industriesSmall scale industriesTik tokUdhyam registrationஆளுகை உள்கட்டமைப்பு வரையறுக்கப்பட்டவைநடுத்தர நிறுவனங்கள்சிறிய அளவு தொழில்கள்டிக் டோக்