MSME delayed payments: Only 19% of complaints disposed so far; total applications cross 1.5 lakh
MSME delayed payments: The number of applications or complaints filed by micro and small enterprises (MSEs) in the country against delay in their payments pending with central ministries, departments, central and state public sector units, and others for goods and services purchased has hit 1.56 lakh mark, according to the official data. The applications or cases disposed by MSE facilitation councils — set up across the country to act as an arbitrator for settlement of payments — were 30,527 or 19.5 per cent of the total applications.
According to the data available on the delayed payment monitoring portal MSME Samadhaan, Rs 37,322 crore was involved in total applications filed since the launch of the portal on October 30, 2017. The disposed cases involved Rs 5,328 crore.