Number of jobs reported by Udyam-registered MSME nears 14 crore: Govt data

Posted under: MSME
Date: 2023-09-21
Number of jobs reported by Udyam-registered MSME nears 14 crore: Govt data

The total number of jobs or employment reported by the 2.7 crore MSMEs registered on the government MSME registration portal Udyam has neared 14 crore, according to the data on the platform. The total employment as of Wednesday reported was 13.99 crore, including 13.10 crore involved in 1.93 crore MSMEs registered directly on the Udyam portal and 88.84 lakh jobs in 76.72 lakh units registered through the Udyam Assist Platform (UAP) launched by the government in January this year for units that are not registered under the Goods and Services Tax (GST) framework. The platform added over 1 crore jobs within a month after breaching the 13-crore mark in August, FE Aspire reported. Importantly, former MSME minister Nitin Gadkari in 2020 targeted adding 5 crore jobs in 5 years. According to government data, post-Covid, 63,248 people working in the MSME sector lost their jobs between July 1, 2020, and July 20, 2022.

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