🧾 Udyam Assist Platform (UAP)

The Udyam Assist Platform (UAP) is an initiative developed by SIDBI (Small Industries Development Bank of India) to support Informal Micro Enterprises (IMEs).

👉 These are very small businesses that often operate outside the formal registration system and lack official documentation or Udyam registration.

🛠️ The UAP helps such enterprises by:

• 🔄 Facilitating their transition into the formal sector

• 🆔 Assisting with Udyam registration without requiring GST

• 💳 Enabling access to formal credit and government schemes

🎯 Purpose and Alignment

The platform aligns with the government’s broader aim to include informal businesses in the formal economy under the MSME framework.