Tag: Delayed Payment
Ministry of MSME Brings Stronger Remedy for Delayed Payments
MSME Ministry writes to CMDs of top 500 Corporate Enterprises to show solidarity with smaller units and clear MSME dues on priority. Enterprises with over ... Read More
90% Pending Dues of MSMEs Cleared: Anand Sherkhane ADC, MSME
Anand Sherkhane, ADC, MSME Ministry said, ''The government has worked on clearing delayed payments that have given some ignition to the reviving MSME sector." Read More
‘Rs 5 Lakh Cr is Total Amount of Delayed Payment Which Govt Agencies Owe to MSMEs’
"State governments, their ministries and public sector undertakings, Government of India, its ministries and undertakings, and major industries combined owe an estimated Rs 5 lakh ... Read More
MSME Council Registered over 550 Cases of Delayed Payments
According to rules, if a buyer fails to return Rs50, 000 out of Rs1 lakh, he will have to pay the pending payment with an ... Read More
Solution to the Crisis of NPAs and Delayed Payment Sufferings of MSMEs
Even banks hide the NPAs and sickness information of the customers, so in the absence of such information, the trade and industry are unable to ... Read More
Around 50 Thousand MSMEs in Tamil Nadu are Facing Closure, Leaving Massive Job Crisis
According to the Policy Note 2018-19, tabled in the Tamil Nadu Assembly, the number of registered MSME units in the state came down to 2,17,981 ... Read More
Action Taken Against BHEL for Delayed Payment for MSMEs
In a much needed action towards delayed payments, Bharat Heavy Engineering Limited (BHEL) was served the first notice under Section 9 of IBC by NCLT ... Read More