Over 7.83 Crore enterprises registered on Udyam Registration Portal (URP)

31 March 2026: A revised definition based on the composite criteria of investment and turnover, was adopted to classify Micro, Small and Medium Enterprises (MSMEs) in 2020. For registration of MSMEs, Udyam Registration Portal (URP) was launched on 01.07.2020. Further, to formalise Informal Micro Enterprises (IMEs), Udyam Assist Platform (UAP) was launched on 11.01.2023. Since the adoption of the revised classification criteria of MSMEs on 01.07.2020, over 7.83 crore enterprises have registered on URP and UAP as of 28.02.2026.

Government supplements the efforts of the State/UT Governments through various schemes, programmes and policy initiatives for development and promotion of MSMEs including semi-urban and rural regions. To facilitate access to institutional credit for registered MSMEs, including newly registered enterprises, various initiatives such as Prime Minister’s Employment Generation Programme, Credit Guarantee Scheme for Micro and Small Enterprises, Self-Reliant India Fund, PM Vishwakarma are in place.

Additionally, to strengthen MSME competitiveness through technology upgradation and digital adoption, Ministry of MSME implements schemes such as MSME Champions scheme comprising of MSME-Sustainable (ZED) Certification Scheme, MSME-Competitive (Lean) Scheme, MSME-Innovative {Incubation, Design and Intellectual Property Rights(IPR)} Scheme and Green Investment.

In Budget Announcement 2026-27, to facilitate easier access to institutional credit for registered MSMEs, including through digital lending platforms following additional measures have been announced ….
– Mandate TReDS as the settlement platform for all purchases from MSMEs by CPSEs, setting a benchmark for other Corporate.
– Introduce CGTMSE-backed credit guarantee support for invoice discounting on TReDS platform.
– Integrate GeM with TReDS to enable information-sharing with financiers on government MSME purchases, facilitating faster and cheaper credit.
– Introduce TReDS receivables as asset-backed securities to deepen the secondary market, improve liquidity and speed up settlements.

Further to increase awareness among MSMEs, awareness programmes are conducted by field offices of Ministry of MSME, in coordination with MSME/ Industry Departments of States/UTs concerned and other MSME stakeholders through physical workshops, social media, print media & electronic media for creating wide publicity for increasing participation from all stakeholders.