MSME ministry to unveil new rules next month focusing on global value chains

The MSME ministry will announce fresh regulations for small businesses next month, with a focus on strengthening their position in global value chains. The amendments are designed to enhance invoice financing through the Trade Receivables Discounting System, helping reduce costs and improve competitiveness.

Parliament has recently tackled the issue of delayed payments affecting small enterprises. Digital platforms are expected to play a key role in ensuring effective implementation of the new regulatory framework.