CENTRAL AND STATE GOVT VARIOUS MINISTRY/DEPARTMENT EMPANELMENT AND REGISTRATION

As per the Micro, Small and Medium Enterprises Development (Furnishing of Information) Rules, 2009, all MSME enterprises in India are now required to furnish information relating to the business to the Government. MSME databank registration can be completed through the data bank maintained by it at www.msmedatabank.in. In this article, we look at the procedure for submitting information to the MSME databank.

Only entities and promoters having Aadhaar (Promoter’s Aadhaar, Udyog Aadhaar Number for the business and PAN can register on MSME DataBank. Hence, prior to registering on MSME databank, the entity must first obtain Udyog Aadhaar registration.

MSME databank is a comprehensive database of MSMEs in India. This database is established by the Government to help procurement agencies buy from MSMEs under Public Procurement Policy of Government of India and to assist the policy makers. Hence, MSMEs registered under the MSME databank will be eligible for becoming supplier of Government organisations and entities.

Further, as per MSMED (Furnishing of Information) Rules, 2016 notified by GSR 750(E) dated July 19th, 2016, all Micro, Small and Medium enterprises are mandatorily required to provide information about the business on the MSME databank for availing benefits in various schemes of the MSME Ministry