The Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This new law mandates public sector units to use TReDs for MSME payments. It also empowers courts to order interim payments for pending disputes. India's imports from China reached $131.63 billion in FY26. Meanwhile, FTA exports saw a significant 25% rise in the first quarter of FY27.

The Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate. This legislation aims to improve payment mechanisms for small businesses. It establishes…

Lok Sabha passes MSME Development Amendment Bill to enhance payment mechanisms and address challenges in the MSME sector.

MSME Act amendments can aid timely payments