Metro India News | Hyderabad 

Minister of Law and Justice, Government of India, Arjun Meghwal, officially launched ‘Ready Reckoner on Dispute Redressal of Delayed Payments under MSME Development Act (2006)’ in Hyderabad. Published by Asia Law House, this comprehensive guide is co-authored by Dr. B Yerram Raju, Founder Director of TIHCl, and Hema Jain, CEO of Crux Management Services Private Limited.

The publication addresses the critical issue of delayed payments faced by Micro, Small, and Medium Enterprises (MSMEs), which are vital to India's economic growth and employment generation. These delays significantly disrupt cash flow, hinder operational efficiency, and threaten the sustainability of MSMEs. The launch highlights the urgency of resolving this issue, underscored by the over 20,000 pending cases on the MSME Samadhaan portal, involving approximately Rs 40,000 crores.