TO SUPPORT MSMES, THE GOVERNMENT WOULD LINK THE UDYAM, E-SHRAM, NCS, AND ASEEM PLATFORMS

In the presentation of the Union Budget 2022, Finance Minister Nirmala Sitharaman stated that portals such as Udyam, e-Shram, National Career Service (NCS), and Atmanirbhar Skilled Employee-Employer Mapping (ASEEM) will be interconnected. Interlinking, according to the ministry, will broaden their scope. “They’ll now act as portals with live, organic datasets, offering G2C, B2C, and B2B services.” Credit facilitation, skilling, and recruitment will be among the services offered, with the goal of further formalising the economy and expanding entrepreneurial opportunities for everybody.

Once interconnected, it will minimise paperwork even more and make it easier to obtain information. It will also make it easier for banks to get relevant and up-to-date information. This will assist entrepreneurs, particularly those who manage small businesses, in focusing more on their business also while allowing new businesses to gain access to the workforce.

e-Shram was designed to develop a nationwide database of unorganised labour, whereas Udyam is a new government portal for registering enterprises as MSMEs. On the other side, NCS provides online job search, job matching, career counselling, vocational coaching, information on skill development courses, internships, and other employment-related services. Moreover, the ASEEM portal serves as a platform that connects the supply of skilled workers with market demand, allowing youth to pursue improved livelihood prospects. 

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