Rajya Sabha clears MSME bill to fast-track payment disputes amid Opposition protests
- Posted on August 3, 2026
- By Business News Today
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Rajya Sabha clears MSME bill to fast-track payment disputes amid Opposition protests
The Rajya Sabha approved the MSME Development Amendment Bill, 2026, on Monday. This legislation aims to expedite delayed payment dispute resolutions for small businesses. It also seeks to improve cash flow and strengthen the sector's financial framework. Opposition members disrupted proceedings, demanding a discussion on police action against students. The bill was ultimately passed by a voice vote after extensive debate.
