Lok Sabha passes MSME payment delay bill amid opposition protests
- Posted on August 7, 2026
- By Business News Today
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Lok Sabha passes MSME payment delay bill amid opposition protests
The Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate. This legislation aims to improve payment mechanisms for small businesses. It establishes timelines for faster dispute resolution and addresses liquidity issues. The bill also empowers courts to order partial payments to suppliers. This measure seeks to support India's vital MSME sector.
