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The Economic Times

National

Lok Sabha passes MSME payment delay bill amid opposition protests

Lok Sabha MSME India MSMEs Rajya Sabha

The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without a debate, amid protests by opposition members. The bill has now been cleared by Parliament, having been passed in the Rajya Sabha on August 3.

The legislation seeks to address delayed payments faced by micro, small and medium enterprises (MSMEs) by improving the administrative structure and strengthening payment mechanisms.

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