Rs 26,000 cr payments pending: MSMEs fail to find ‘samadhaan’ with resolution mechanismThe Samadhaan portal was launched seven years ago to help MSMEs get payments faster. Despite some relief, loopholes in the system tilt it i...
Govt requests states, UTs to set up more MSEFCs for quicker disposal of delayed payment-related casesThe total amount due to micro and small enterprises from the buyers of goods and services stood at Rs 1,825.52 crore for the period between...
MSME Day: Intensifying efforts for speedy disposal of delayed payments, says MoS, Bhanu Pratap Singh VermaMSME Day: The performance of the Credit Guarantee Scheme during 2021-22 achieved a milestone with guarantee coverage of Rs. 56,172 crore, w...
Will take up MSMEs' suggestion to raise turnover cap for small units to PM, finmin: Narayan RanePointing out that MSMEs contribute 50 per cent to India's exports and 30 per cent to the country's GDP, the minister said the endeavour is ...
Govt asked Central Public Sector Enterprises, firms with Rs 500 cr turnover to get on-board TReDS: Narayan RaneTrade Receivable Discounting System (TReDS) is an electronic platform for facilitating the discounting of trade receivables of MSMEs throug...
Gadkari to chair meeting on delayed payments of MSMEsThe Centre has also proposed that more than one facilitation centre be set up in a State for faster resolution of cases.
Tackling problems of delayed payments in MSME sectorBoosting the development of the MSME sector, which forms the backbone of the economy, is critical for powering Prime Minister's vision of m...