Author: udyam123

Impact of Udyam Registration on Funding and Loans for Small Businesses

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Udyam Registration, introduced by the Indian government in 2020, has emerged as a game-changer for micro, small, and medium enterprises (MSMEs). This registration process aims to streamline the recognition of MSMEs and provide them with various benefits, especially in funding and loans. Due to their limited scale and resources, small businesses often need help in securing financial support. Udyam Registration addresses these issues by offering a structured and supportive framework, making it easier for MSMEs to access necessary funds. Easier Access to Credit One of the primary impacts of Udyam Registration is the simplified access to credit. Registered MSMEs are…

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