LatestLicenses And Certifications 12 July 2026
Govt Mandates TReDS For Payments
The government has mandated the use of TReDS for payments between central public sector enterprises and micro, small and medium enterprises to tackle delayed dues, this move aims to ease the cash flow issues faced by MSMEs, which are the backbone of the Indian economy with over 8.70 crore enterprises registered on the Udyam, by reducing delayed payments and providing them with easy access to finance.
The Indian government has taken a significant step to support micro, small and medium enterprises by mandating the use of *TReDS* for payments between central public sector enterprises and MSMEs.
- This move aims to tackle delayed dues and ease the cash flow issues faced by MSMEs.
- The decision is expected to benefit over 8.70 crore enterprises registered on the *Udyam* platform, providing them with easy access to finance and reducing delayed payments.
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