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Licenses And Certifications 12 August 2026

MSME Updates

The Micro, Small and Medium Enterprises Development Amendment Bill, 2026 updates the existing MSMED Act, 2006 to align its provisions with the current landscape of MSMEs in India. The Udyam Registration Portal gives MSMEs formal recognition, and there are currently 36,00,012 MSMEs registered and active on the portal in the textile sector. Additionally, the Maharashtra government has ordered the removal of dhabas and eateries along national highways, and the Ri-Bhoi district administration in Meghalaya has ordered the closure of all liquor retail outlets, bars, and other establishments dealing in liquor on Independence Day.

The Micro, Small and Medium Enterprises Development Amendment Bill, 2026 is set to update the existing MSMED Act, 2006. The main goal of this amendment is to align the provisions of the act with the current landscape of MSMEs in India.
- The Udyam Registration Portal gives MSMEs *formal recognition*, and there are currently 36,00,012 MSMEs registered and active on the portal in the textile sector.
- The Maharashtra government has ordered the removal of *dhabas and eateries* along national highways.
- The Ri-Bhoi district administration in Meghalaya has ordered the closure of all *liquor retail outlets, bars, and other establishments* dealing in liquor on Independence Day.

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