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The Economic Times
The Economic Times
Pranbihanga Borpuzari and Ashish Pandey

Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explains

MSME MSMEs

With the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, the government is looking to address long-standing challenges of smaller businesses, such as delayed payments, working-capital constraints, access to finance, regulatory compliance, and the need for enterprises to scale up.

In an exclusive interview with The Economic Times Digital, Union MSME Secretary Bharat Khera discussed the implications of the MSMED Amendment Bill, the government’s efforts to strengthen the Trade Receivables Discounting System (TReDS), and resolve delayed-payment disputes, as well as the ministry’s priorities to make Indian MSMEs more competitive globally. Khera also said the ministry is continuously engaging with industry associations to encourage larger companies to become more disciplined and responsible in making timely payments to MSMEs.

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