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Most dues of goods and services to suppliers, mostly MSMEs cleared, says Sitharaman

Updated: Sep 28, 2019 06:15:14am
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Most dues of goods and services to suppliers, mostly MSMEs cleared, says Sitharaman

New Delhi, Sep 28 (KNN) The Ministries have cleared most of the dues of goods and services to suppliers, mostly Micro Small and Medium Enterprises (MSMEs), and the remaining payments will be done in the next few days, said Nirmala Sitharaman, Union Finance Minister.

She made the above remarks in a meeting held with secretaries and financial advisors of a few ministries in New Delhi.

The minister also said that ministries have been asked to provide detailed capital expenditure plans for the next four quarters as the government looks to boost growth with spending push.

“At this stage, my intention is to make sure that government does not sit on payments which are due, government does not sit on CapEx which it had planned, said the minister while addressing a press conference after the meeting.

"Government should not sit on overdue payments," Sitharaman said, adding the money should go to people who have been waiting for it. The money should reach the ground, she added.

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