The value of delayed payments owed to Micro, Small and Medium Enterprises (MSMEs) has fallen to Rs 7.34 lakh crore as of March 2024, according to the Delayed Payments Report 3.0, “MSME’s Access to Finance and Timely Payments,” released by the Global Alliance for Mass Entrepreneurship (GAME), the Federation of Indian Micro and Small & Medium Enterprises (FISME), and C2FO.

The report, launched in the presence of Chief Economic Advisor (CEA) Dr. V. Anantha Nageswaran and Ministry of MSME Joint Secretary Ateesh Kumar Singh, marks the third edition of the flagship study.

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