NIFTY 50

Budget 2020: MSEs' pending dues with corporates at Rs70,000 crore, want Sitharaman to address the issue

Updated : January 30, 2020 09:33 PM IST

Nearly Rs 70,000 crore payments of these companies are pending with the large corporates.
This payments crisis has arisen despite assurances from Sitharaman in August last year that payments must be released within 45 days.
While Mudra scheme has seen some success, funds raised under this scheme makes SMEs ineligible for other schemes.

More Budget Stories Coverage

Live TV

recommended for you