November 22, 2024 22:17 (IST)
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Budget: Govt considering to relax 45 days MSME payment rule to prevent sourcing shift by large corporates

Budget: Govt considering to relax 45 days MSME payment rule to prevent sourcing shift by large corporates

New Delhi: The government is contemplating to relax the requirement for making payments to MSMEs within 45 days of purchasing goods and services to prevent large corporations from seeking alternative sourcing options, media reported.