Role of Udyam Certificate in Government Procurement

Role of Udyam Certificate in Government Procurement

Priority in Procurement: Businesses with a Udyam Certificate often receive preference in government procurement. Various government bodies and public sector undertakings are encouraged to procure goods and services from micro and small enterprises (MSEs) to promote their growth and development. Reservations The government may reserve certain products or services for procurement exclusively from MSEs, and…

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Why MSME Registration Is Crucial for Availing Government Benefits and Schemes

Why MSME Registration Is Crucial for Availing Government Benefits and Schemes

Introduction: Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in driving economic growth and fostering entrepreneurship in any country. Recognizing their significance, governments worldwide have introduced various policies, benefits, and schemes to support and promote the growth of MSMEs. However, to access these valuable incentives, MSME registration is a prerequisite. In this article,…

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