The Ministry of MSME has made TReDS the mandatory settlement route for all operational Central Public Sector Enterprises when paying MSME suppliers for goods and services. The new rule is meant to speed up payments, improve transparency and give...
India has expanded its institutional support for small enterprises by establishing 161 Micro and Small Enterprises Facilitation Councils (MSEFCs) across states and Union Territories. Announced by the Ministry of MSME, the move aims to tackle one of the sector’s...