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The quantum of delayed payments stood at staggering Rs 10.7 Lakh crore: R Ravi Kumar, President of FTCCI
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Business News This Week
Hyderabad, September 29, 2025: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organised a day-long workshop on “Recovery of Delayed Payments to MSMEs” on Saturday at the Federation House, Red Hills.
Speaking at the workshop, R. Ravi Kumar, President, FTCCI, said, “MSMEs are the backbone of our economy, but delayed payments continue to choke their growth.
According to the Global Alliance for Mass Entrepreneurship (GAME), the quantum of delayed payments stood at a staggering ₹10.7 lakh crore in 2024, of which nearly 80% relates to micro and small enterprises.
of Telangana, explained howMSE Facilitation Councils (MSEFCs) are adopting a structured three-step model—conciliation, arbitration, and award—for faster resolution.
Noting that a majority of cases relate to government departments, ministries, and PSUs, Ms Jain said, “A strong, collaborative ecosystem involving industry bodies and government is essential to strengthen MSMEs’ growth.”