Registration for MSMEs now easier

According to an official statement, Indian government has made the registration process for Micro, Small and Medium Enterprises (MSMEs) easier. Now, they will only be required to provide PAN and Aadhaar to register. Nitin Gadkari, MSME minister, further said that MSME unit will be getting the priority and needed finance after registration.
Nitin Gadkari further emphasised on the need of training for the small size units in the entrepreneurship field and other related aspects. He further expressed his hope that the banks and non banking financial companies (NBFCs) will assist in supporting the small size businesses.