The government’s 45-day payment rule for micro, small, and medium enterprises (MSMEs), introduced to improve cash flow and curb delayed payments, has created a sharp divide within the industry. Some argue that it has forced large corporations to clear dues on time, while others contend that it has inadvertently worsened liquidity challenges for small businesses.
The government’s 45-day payment rule for micro, small, and medium enterprises (MSMEs), introduced to improve cash flow and curb delayed payments, has created a sharp divide within the industry. Some argue that it has forced large corporations to clear dues on time, while others contend that it has inadvertently worsened liquidity challenges for small businesses.