All about Small Scale Industries
The State Government’s Directorate of Industries administers SSI registration on behalf of the Ministry of Micro, Small, and Medium Enterprises. The main reason for SSI registration is to establish new SSI firms in India. SSI registration allows the firm to be eligible for a variety of government benefits. We can also register for SSI/MSME online using Udyam Registration.
2. Enter your "Aadhaar Number" and "Entrepreneur's Name" and then click "Validate and Generate OTP."
3. SMS will be sent to your phone with an OTP. The PAN validation screen appears after you enter OPT. Click "Validate PAN" after entering your PAN number.
4. The registration page for Udyam will be made available. Click the "Submit and Get Final OTP" button after filling out all of the required personal and industrial information, such as industry name, address, bank account information, and some other common data.
5. The MSME registration procedure is now complete, and you will receive a message verifying success along with a reference number. Following registration verification, the MSME Registration Certificate is issued.
1. Ownership- Typically, these businesses are sole proprietors or, in exceptional situations, partnerships. This usually means that the company is controlled by a single person.
Role of Indian Economy in Small Scale Industries
5. These industries are vital for our country's social growth and development, aside from economic considerations. These businesses are usually started by people from the lower or middle classes. They have the ability to gain fortune while also employing others. It helps with economic distribution and promotes social progress.
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