Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Indian Ministry of Micro, Small and Medium Enterprises beginning in September 2015.[2][3] It is also known as Aadhaar for business.[4] As of July 2018, more than 4.8 million (48 lakh) MSMEs[1] in India are registered under Udyog Aadhaar.[5]
Udyog Aadhaar | |
---|---|
Country | India |
Ministry | Ministry of Micro, Small and Medium Enterprises, India |
Key people | Giriraj Singh |
Launched | September 2015 |
Status | 4.8 million MSMEs registered as of July 2018[1] |
Website | udyogaadhaar |
Companies registered under Udyog Aadhaar are often noted for their poor productivity; both capital and labour productivity per unit of output are low compared to bigger firms. This indicates that Udyog Aadhaar has failed to augment technological adoption for MSMEs.[7]