India, Sept. 30 -- The Ministry of MSME and Ministry of Statistics and Programme Implementation (MoSPI) have signed a Memorandum of Understanding (MoU) to establish a structured mechanism for sharing data to develop and strengthen the Statistical Business Register (SBR).
Under the agreement, unit-level data from Udyam Registration will be shared with MoSPI through APIs, including a two-way API framework, to support the development of the National Statistical Business Register (NSBR).
The initiative is expected to improve the coverage, consistency and reliability of business data used for statistical purposes. The SBR will serve as a regularly updated database of businesses, enterprises and establishments, along with key characteristics an...