Parishrama Adalat in Hyderabad resolves 65 delayed-payment cases worth Rs.8.29 crore, helping MSEs restore cash flow and business continuity

India, Aug. 25 -- The Government of India has issued a release:

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 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.

For a Micro or Small Enterprise, a delayed payment is not merely an unpaid invoice. It can affect salaries, purchase of raw materials, repayment of loans and ...