MSME stands for Micro, Small and Medium Enterprise.MSME registration helps businesses enterprises to take advantage of multiple government subsidies and benefits under MSMED Act.(The Micro, Small And Medium Enterprises Development Act, 2006). To avail all the benefits which are offered under MSME Act, the enterprise should be registered as MSME with the related department. There are various benefits of MSME registration for small businesses like Cheaper bank loans, Easy availability of credit, Tax Benefits, Cheaper Infrastructure, multiple government tenders which are open only to promote small business participation.