Delayed payment cases from Punjab, Rajasthan, Delhi etc filed in MSEFC not disposed so far

New Delhi, Mar 15 (KNN) As many as 3399 cases involving Rs 1632.39 crore unpaid dues of Micro and Small Enterprises (MSEs) have filed for recovery of delayed payment with the MSE Facilitation Council.

“3331 cases for Rs 1616.6 cr dues of Micro and Small Enterprises filed for delayed payment. 482 cases Rs 131.45 cr disposed by 46 MSEFC,” MSME Ministry had said in a Facebook post.

(The figure has changed in the live website now.)

According to the MSEFC Delayed Payment Monitoring System, maximum cases have been filed in Maharashtra followed by Punjab and Rajasthan.

The states like Arunachal Pradesh, Manipur, Mizoram etc have not filed any case so far.

In Maharashtra, 832 cases have been filed so far involving the payment of Rs 263.2326 crore. Out of this, 204 cases have been disposed and 628 are pending. The amount involved in disposed cases is Rs 26.1848 crore.

In states like Punjab, Rajasthan, West Bengal, Madhya Pradesh, Delhi etc cases between 66 to 305 have been filed but none of them have been disposed so far.

Out of 3399 cases filed so far, 508 have been disposed while 2891 cases are pending involving payable amount of Rs 1632.39 crore.

To expedite payments of vendors stuck with state-run enterprises, the Micro, Small and Medium Enterprises Ministry has told suppliers to approach its Facilitation Council to get their grievances redressed.

MSME unit can approach Micro and Small Enterprise Facilitation Council (MSEFC) in their State to redress their delayed payment grievance.

Every reference made to the MSEFC has to be decided within a period of 90 days from the date of making the reference. (KNN Bureau)

COMMENTS

Iswar Prasad 15/03/2017 12:49 PM

The delayed payments to MSMEs is one of the reasons for NPAs. Not all NPAs are because of mismanagement. The Fecilitation Councils are not functional and their work effeciencies are pretty low. Banks are least concerned about this. This is reason why I had asked FISME to talk to the ministry to scrap this scheme. There are very few organisations in the country that follow the 45 days payment to MSME. Govt and PSUs are one the biggest defaulters and they break the law of the land with impunity. RBI, which is the monitoring are not concerned at all. Rarely one finds an RBI report on the state of affairs. This kind of negligence has hit the MSME enterpreuneurs who set off with a dream and fianlly when the reality strikes there is nobody in the country - starting from the govt, implementating agencies, banks, RBI, industry - cares for this segment. The MSMED Act 2006 was made by the rich, for the rich and of the rich. The large businesses simply steal the small guys and secure themselves in the world of business. Then the mismanagement of MSMEs are blamed for NPAS and are treated like thieves who have run away with public money, while the rich get away with the real theft. Why all this big talk about MSMEs when nobody talks about a law that has teeth and the implementing agencies are honest in their work? Big bogus talk.

Reply to this comment