Ministry of MSME and Ministry of Statistics and Programme Implementation Sign Memorandum of Understanding (MoU) for development and strengthening of the Statistical Business Register

The Ministry of Micro, Small and Medium Enterprises (MSME) and the Ministry of Statistics and Programme Implementation (MoSPI) have signed a Memorandum of Understanding (MoU) to institutionalize a data-sharing mechanism for developing and strengthening the Statistical Business Register (SBR). The MoU facilitates a structured framework to share unit-wise data from the Udyam Registration ecosystem with MoSPI via a two-way API. This aims to improve the coverage, consistency, and reliability of business information used for statistical purposes, supporting the preparation of the National Statistical Business Register (NSBR) and serving as foundational infrastructure for the economic statistics system.