# Lok Sabha Passes MSME Bill to Speed Up Payments, Resolve Disputes

2026-08-07T12:07:35+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Lok Sabha on Friday approved the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without a debate amid Opposition protests. The Bill had already cleared the Rajya Sabha on August 3. It mandates mediation of payment disputes within 90 days and requires courts to release at least 50 per cent of the disputed awarded amount to MSMEs if an appeal remains pending for over six months. The government said the amendments aim to improve ease of doing business and liquidity for small firms. Union Minister Jitan Ram Manjhi noted that outstanding credit to MSMEs rose from Rs 10 lakh crore in 2014-15 to over Rs 38.35 lakh crore now. The Bill also provides for recovery of settlement agreements between buyers and MSME suppliers.

## Coverage

- ndtv.com <https://www.ndtv.com/india-news/lok-sabha-passes-msme-bill-to-tackle-payment-delays-speed-up-disputes-11879145#publisher=newsstand>
- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/lok-sabha-approves-msme-bill-to-speed-up-payments-improve-ease-of-business/article71318198.ece>

Tags: dispute resolution, Lok Sabha, mediation, MSME, payment delays, small business bill
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