Pending Payment

Special Scheme of 1 to 2 Lakh Crore to Ensure Reimbursement of Pending Payments with Interest to MSMEs: NItin Gadkari

''The default on pending payments is one of the big problems faced by MSMEs,'' said Gadkari in an interaction via video conferencing with the representatives of Bharat Chamber of Commerce (BCC). Well, this statement came out as a relief for SMEs who are finding it difficult to even visualise how to restart their business after the COVID crisis. ''I have asked the MSME Ministry officials to work on formulating a scheme of Rs 1 to 2 lakh crore,'' Mr. Gadkari further added.