📷 Image: Wikimedia Commons / Ministry of Micro,Small & Medium Enterprises, Gove
Business
Ministries agree to share Udyam data to improve business statistics
✍️ tripuratimes.com
🗓 30 Sep 2026, 08:42 AM
👁 19
Several Indian ministries have signed a pact to share data from the Udyam registration portal, aiming to enhance the quality and timeliness of business statistics. The move is expected to support better policy formulation for MSMEs.
The agreement involves multiple ministries committing to exchange information collected through the Udyam platform, which registers micro, small and medium enterprises across the country. By pooling this data, the ministries aim to create a more comprehensive and timely picture of business activity.
Sharing Udyam data is intended to reduce duplication, improve the accuracy of economic indicators, and facilitate faster decision‑making for schemes targeting the MSME sector. The initiative aligns with broader efforts to strengthen data‑driven governance.
Better access to Udyam information is expected to enable more effective monitoring of enterprise growth, employment trends and regional disparities, ultimately supporting inclusive economic development.
Sharing Udyam data is intended to reduce duplication, improve the accuracy of economic indicators, and facilitate faster decision‑making for schemes targeting the MSME sector. The initiative aligns with broader efforts to strengthen data‑driven governance.
Better access to Udyam information is expected to enable more effective monitoring of enterprise growth, employment trends and regional disparities, ultimately supporting inclusive economic development.