New bill to accelerate MSME payments, mandate TReDS for government procurers

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government policy

28 July 2026 at 11:26 pm

New bill to accelerate MSME payments, mandate TReDS for government procurers

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Summary

A new bill aims to accelerate payments for MSMEs by mandating government procurers to pay them exclusively through certified Trade Receivables Discounting System (TReDS).

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