The Economic Times RiseDec 13, 2021Why MSME Samadhaan scheme is not working, and how to fix itFour years after the Indian government set up a dedicated portal named MSME Samadhaan to help enable faster payments and improved cash flows to India’s MSMEs, the number of applications filed for relief on the portal are piling up closer to one lakh. The total amount of delayed payments under these applications is nearing a whopping Rs 25,000 crore.Despite the lofty promises made at the launch of Samadhaan portal, the actual case disposal rates remain poor. Only about 20% of all applications were yet to be seen by the government officials. Another 27% of total applications are currently under consideration.Read more at The Economic Times Rise
Four years after the Indian government set up a dedicated portal named MSME Samadhaan to help enable faster payments and improved cash flows to India’s MSMEs, the number of applications filed for relief on the portal are piling up closer to one lakh. The total amount of delayed payments under these applications is nearing a whopping Rs 25,000 crore.Despite the lofty promises made at the launch of Samadhaan portal, the actual case disposal rates remain poor. Only about 20% of all applications were yet to be seen by the government officials. Another 27% of total applications are currently under consideration.Read more at The Economic Times Rise
