Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
New Delhi, Aug. 3 -- The Rajya Sabha on Monday passed a bill that seeks to tackle the issue of delayed payments to MSMEs by prescribing timelines to ensure faster adjudication of disputes, provide recovery of the settlement agreement, and address their liquidity issues, even as Opposition members continued to disrupt the House.
The Upper House was adjourned for the day soon after the passage of the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026, that seeks to empower courts to order payment of at least 50 per cent of the awarded amount to MSME suppliers, if the application to set aside an order is pending for more than six months.
Members of the Opposition kept raising slogans throughout the discussion of the bill...
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