Licenses And Certifications 11 August 2026
MSME Development Bill Passed
The Parliament has cleared the MSME Development Amendment Bill 2026, which provides permanence to the Udyam Registration Portal as a digital, free, and voluntary registration platform for MSMEs, however, registration is still required, the bill aims to address delayed payments and other issues faced by micro, small and medium enterprises
The MSME Development Amendment Bill 2026 has been passed by the Parliament. The bill provides permanence to the *Udyam Registration Portal* as a digital, free, and voluntary registration platform for MSMEs. Key features of the bill include:
- Permanence to the Udyam Registration Portal
- Addressing delayed payments to MSMEs
- Other measures to support micro, small and medium enterprises.
The Udyam Registration Portal is a digital platform that allows MSMEs to register voluntarily and for free.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.