New Delhi, Aug. 19 -- Union Minister for Micro, Small and Medium Enterprises (MSME), Nitin Gadkari has promised to take some concrete decision on the problem of delayed payment faced by MSMEs.
Speaking at a convention of 'Laghu Udyog Bharti', Gadkari said, Delayed payment is a major headache for MSMEs.
Adding that he stressed on nees to find a solution to this issue, he stated that the small scale industry producer never gets payments on time. And this tires and finishes him.
I am seriously thinking, whether it is private or public sector or government, the payment of MSME should get released in 45 days, and I am trying to take some concrete decision on this, he added.
So far, MSMEs have given jobs to 11.50 crore youths, and in thes...