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New MSME law: Rajya Sabha clears bill to fast-track payments, dispute resolution
['Akshay E']
Mathrubhumi English
Despite intense opposition protests regarding the NEET examination, the bill was enacted to streamline dispute resolution and ease cash-flow pressures.
The Upper House was adjourned immediately following the enactment of the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026.
"We expected our opposition allies to support, cooperate, and pass this bill, but today they are opposing ...
It mandates the establishment of a national digital portal offering free, voluntary enrolment for micro, small, and medium enterprises.
The proposed amendments are intended to catalyse MSME expansion, enabling businesses to scale operations and emerge as key economic drivers.