Number of MSME complaints against delayed payment cross one lakh in Samadhan portal

New Delhi, 11 Jan (KNN)  As per government data the applications for delayed by micro and small enterprises (MSEs) have surpassed one lakh.

On Monday the total count of applications stood at 1,00,203 involving INR 26,210.86 crore since the launch of MSME Samadhaan portal by the government on October 30, 2017. 

The MSE Facilitation Councils (MSEFCs) could dispose of only 12,099 cases (12 per cent) amounting  to INR 2,084.18 crore. 

While 9,737 applications amounting to INR 1,400.99 crore were mutually settled. 

This says that that MSEs received their dues only in these 21,836 applications (21.8 per cent applications).

The council had rejected 20,974 applications involving INR 4,450.58 crore and the remaining 57,392 (57.2 per cent) were the applications wherein MSEs were yet to see the final outcome.  

This included 30,489 applications amounting to INR 7,030.07 crore that were yet to be viewed by councils and 26,903 applications involving INR 9,806.11 crore that were currently under consideration by councils.

The applications were filed against ministries pertaining to central departments, central public sector units (PSUs), railway zone, railway division, ordnance factory, state government and PSUs, MSME units, individuals, proprietorships, and others.

MSEFCs are dispute settlement units set up by state governments in their respective geographies to resolve delayed payment issues. 

After MSE files an application against the buyer before the concerned MSEFC of its state, the council examines it and accordingly issues directions to the buyer for payment of due amount along with interest as per the provisions under the MSMED Act 2006.