Parliament Passes the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 was passed by the Lok Sabha on August 7, 2026, following its passage by the Rajya Sabha on August 3. The amendments aim to enhance the growth and legal frameworks of the MSME sector, addressing crucial issues such as delayed payments and improving the ease of doing business.

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