The Union Ministry of Micro, Small & Medium Enterprises (MSME) has launched MSME Delayed Payment Portal – MSME Samadhaan.
Its aims at empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments by central Ministries, departments, CPSEs, State Governments.
The portal will give information about the pending payment of MSMEs with individual CPSEs (Central Public Sector Enterprises), Central Ministries, state Governments, etc.
The Micro, Small and Medium Enterprise Development (MSMED) Act, 2006 contains provisions to deal with cases of delayed payments to Micro and Small and Medium Enterprises (MSMEs).