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Business Today1 min read
The Bane Of Delayed Payments
1 When MSMEs are not paid within 45 days as per MSMED Act, they are called delayed payments 2 Delayed payments block working capital and cause production challenges for MSMEs 3 According to estimates, ₹10.7 lakh crore is blocked in delayed payments t
Business Today1 min read
Status Check
● The MSME Samadhaan portal monitors cases of delayed payments ● Business owners can file applications with Micro, Small & Medium Enterprises Facilitation Councils (MSEFCs) for settlement of claims Number of applications filed by MSMEs Applications m
Business Today1 min read
THE GREY SPACE OF MSMEs
Investors believe MSMEs fall short on innovation and technological advancement, making them less appealing The limited disruptive impact of MSMEs and their conservative approach to innovation make them less attractive to investors Slow growth rates h