
The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, replacing the 2006 law. The Bill provides for a national digital platform for free and voluntary…
The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, replacing the 2006 law. The Bill provides for a national digital platform for free and voluntary registration of micro, small and medium enterprises. MSME Minister Jitan Ram Manjhi said it seeks to ease liquidity pressure by requiring Central Public Sector Enterprises to route invoice settlements through the Trade Receivables Discounting System for goods and services bought from MSMEs.
Both Houses were adjourned for the day amid Opposition protests over demands for Home Minister Amit Shah’s presence and police action against protesters. Parliamentary Affairs Minister Kiren Rijiju said the Opposition could not decide when a Minister attends the House.
The loudest claims will present the session either as proof that Parliament is functioning normally or as evidence that every law is being pushed through without scrutiny. Neither is a fair reading. A digital registration system and TReDS payments could help small firms, but their value will depend on timely settlements and actual use by public enterprises. The test is simple: how quickly do MSME dues fall after the law takes effect?
Source: thehindu.com
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