New Delhi, Dec. 15 -- Showing signs of growing formalisation of the economy and more and more people taking to entrepreneurship, the number of total micro, small, and medium enterprises (MSMEs) registered on the Udyam Registration Portal has exceeded 7.28 crore ever since the online platform was launched in 2020.

The Udyam portal provides access to government schemes, formal credit, and procurement opportunities, while also supporting policy formulation through data collected via over 50 API integrations with various organisations.

In a written reply to a question in the Rajya Sabha, Minister of State for MSMEs Shobha Karandlaje noted that efforts to improve Ease of Doing Business (EODB) include digitisation of services, single-window c...