Udyam Dataset
Overview: The Udyam dataset is vital for tracking MSME registration status and managing compliance with regulations. It plays a critical role in assessing financial restrictions, eligibility for MSME benefits, and the impact of sanctions on international financial transactions.
Types of MSME
| Category | Turnover in Cr. ( ₹ ) |
|---|---|
| Micro Enterprise | 1-5 Cr |
| Small Enterprise | 5-50 Cr |
| Medium Enterprise | >50 |
| Unclassified | Very less in number |
Udyam Official Source Data
| Attribute | Details |
|---|---|
| Focus Areas | Udyam registration status, Eligibility for MSME benefits and incentives, Impact on international financial transactions |
| Source | Udyam |
| Period Source | 2024-25 |
| Compliance Framework | Ensures MSMEs are registered, aiding in compliance with national benefits and incentives, and monitoring the impact of international financial sanctions |
| Used For | Verification of MSME registration status, Assessing financial eligibility for international trade, Monitoring compliance for MSME benefits |
Data Management and Maintenance
The Udyam dataset is updated yearly, with a complete update occurring at the beginning of the fiscal year (1st April). New entries can be fetched monthly, ensuring the system reflects the most up-to-date Udyam registrations.
Compliance and Regulatory Framework
This dataset is essential for compliance with MSME regulations, helping businesses determine eligibility for national schemes and incentives. It ensures MSMEs can respond to changing legal and financial regulations, particularly when operating internationally.