ASSOCHAM holds webinar of Udyam Registration to create awareness among industries
JK News Today
Jammu, February 12:
Commissioner Secretary, Industries and Commerce Manoj Kumar Dwivedi today announced that Jammu and Kashmir government would do away with a lot of NoCs for ease of doing Business.
Dwivedi was speaking in a webinar organised by the ASSOCHAM on the topic “J&K UDYAM Registrations” to create awareness among industries about the registration process and its benefits.
The webinar was attended by Nazim Zai Khan, Director Industries Kashmir, Subah Mehta, GM, DIC Jammu, Dr. Pavan Malhotra, Director Principal, ASCOMS, Manik Batra, Chairman, ASSOCHAM J&K Council and Dr. M A Alim, Co-Chairman, J&K Council.
“I would like to announce from this platform that the existing industries will also be covered in the New Industrial policy, which will be out soon and the government is going to do away with a lot of NoCs for ease of doing business,” Dwivedi said.
He also said that to push the service sector so that more youth can enter and set up business, government is also including service sector like hospital, hotels etc to MSMEs.
Appreciating the initiative taken by ASSOCHAM, the Commissioner Secretary said, “The Industry bodies like ASSOCHAM are working hand in hand to the take the government initiatives across and I am hopeful that we will get maximum number of registrations”.
While giving introduction about the Udyam Registration, Naim Zai Khan, Director Industries, Kashmir said, “With an emphasis on improving ease of doing business for MSMEs, the government has launched a new portal for registration and classification of enterprises namely Udyam, under which Registration process is fully online, paperless and based on self-declaration. Only Aadhaar, GST and PAN Number are needed for registration and PAN & GST linked details on investment and turnover of enterprises will be taken automatically from Government data bases. This Portal is fully integrated with Income Tax and GSTIN systems.”
Subah Mehta, General Manager DIC Jammu, in her address, apprised the participants that Udyam Registration is free of cost, with no personal interface of the stakeholder with the department.
Manik Batra said, “Udyam registration is very important for any MSME. Many benefits like collateral free loans, interest subsidy on bank loans and protection against delay in payments to name a few. The RBI has also made it mandatory for the lenders to ensure that their MSME borrowers are registered. ASSOCHAM J&K office is always there to assist all the stakeholders with this registration “
The UDYAM registration is the next step after the UAM holders and non-holders for building a responsible entrepreneur based on self-compliances. It is revolutionary step in the digital India revolution which is sweeping across the nation. Anyone can register online with minimum documentation and sitting at home or office,” said Dr. M A Alim.
More than 100 participants attended the event and a demonstration session was also organized during the webinar, where the queries from the attendees were addressed.
