New Delhi, Aug. 25 -- The 'Parishrama Adalat', a Conciliation Conclave for Micro and Small Enterprise (MSE) delayed-payment disputes, organised by the Commissionerate of Industries and Commerce, Government of Telangana, in association with the Ministry of Micro, Small, and Medium Enterprises (MSME), successfully resolved 65 delayed-payment cases involving Rs.8.29 crore.

Held at FTCCI, Hyderabad, the conclave brought together MSEs, buyers, public sector enterprises, MSE Facilitation Councils, ADR institutions and officials from the Ministry of MSME and the Government of Telangana.

According to the press release by the Ministry of MSME, for an MSE, a delayed payment is not merely an unpaid invoice. It can affect salaries, purchase of raw ...