A Udyam registration certificate is necessary to obtain loans from banks and benefits provided under various schemes to MSMEs. - The Udyam registration certifies that an enterprise is covered under the MSME category. Udyam is an online system for registering micro, small and medium enterprises launched by the Union MSME Ministry on July 1, 2020. The government had also revised the def... https://udyogsuvidhakendra.in/udyam-registration