MSME - #SectorUpdates
The number of delayed payment cases of micro and small enterprises (MSEs) disposed of by the government’s Micro and Small Enterprise Facilitation Councils (MSEFCs) across the country stood at 20,840 involving Rs 3,841 crore so far since the launch of delayed payment monitoring portal Samadhaan by the Government back in October 2017. The disposed of cases doubled from around 10,000 cases disposed of as of November 2021, showed official data from the portal. The total delayed payment cases under consideration by MSEFCs were 31,866 as of November 13, 2022, involving Rs 11,447 crore. In five years, 1.26 lakh delayed payment applications or complaints have been filed by MSEs amounting to Rs 32,345 crore, of which 30,320 have been rejected and 12,112 mutually settled between MSEs and their customers including central and state public sector enterprises, ministries and others. 31,414 applications were yet to be viewed by facilitation councils.