Timely payments for MSMEs are crucial4 min read . Updated: 13 Aug 2017, 11:17 PM IST
The tardy payment habits of large companies have a significant impact on cash flows of small enterprises and competitiveness
It is a well-known fact that the economic success of developed economies is driven significantly by micro, small and medium enterprises (MSMEs). MSME development, especially access to finance, has been a focus area in India too.
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