Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania    </title>
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    <h1 class="cat-box-title">How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania</h1>
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		 Published on</span><span class="text-date"> Aug 23, 2022</span>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities</em></p><p style="text-align:justify">Contributing 29 per cent to India&rsquo;s GDP and 40 per cent of India&rsquo;s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India&rsquo;s workforce translating into 80 million jobs.</p><p style="text-align:justify">However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke cash flows and push many towards the brink of insolvency. A recent report by the Global Alliance for Mass Entrepreneurship (GAME), Dun &amp; Bradstreet, and Omidyar Network India reveals that 80 per cent of the annual delayed payments amounting to a whopping 8.73 lakh crore were owed to micro and small suppliers. Interestingly, 72.4 per cent of such instances can be avoided provided there is an effective and efficient way to tackle the menace of delayed payments.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" title="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" class="re" target="_blank">The Hindu Business Line, 23 August, 2022, https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities</em></p><p style="text-align:justify">Contributing 29 per cent to India&rsquo;s GDP and 40 per cent of India&rsquo;s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India&rsquo;s workforce translating into 80 million jobs.</p><p style="text-align:justify">However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke cash flows and push many towards the brink of insolvency. A recent report by the Global Alliance for Mass Entrepreneurship (GAME), Dun &amp; Bradstreet, and Omidyar Network India reveals that 80 per cent of the annual delayed payments amounting to a whopping 8.73 lakh crore were owed to micro and small suppliers. Interestingly, 72.4 per cent of such instances can be avoided provided there is an effective and efficient way to tackle the menace of delayed payments.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" title="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" class="re" target="_blank">The Hindu Business Line, 23 August, 2022, https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece</a><div class="clear"></div>
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    <h1 class="cat-box-title">How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania</h1>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities</em></p><p style="text-align:justify">Contributing 29 per cent to India&rsquo;s GDP and 40 per cent of India&rsquo;s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India&rsquo;s workforce translating into 80 million jobs.</p><p style="text-align:justify">However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke cash flows and push many towards the brink of insolvency. A recent report by the Global Alliance for Mass Entrepreneurship (GAME), Dun &amp; Bradstreet, and Omidyar Network India reveals that 80 per cent of the annual delayed payments amounting to a whopping 8.73 lakh crore were owed to micro and small suppliers. Interestingly, 72.4 per cent of such instances can be avoided provided there is an effective and efficient way to tackle the menace of delayed payments.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" title="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece" class="re" target="_blank">The Hindu Business Line, 23 August, 2022, https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece</a><div class="clear"></div>
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                    Global Alliance for Mass Entrepreneurship                </a>
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Home हिन्दी

How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania

Published on Aug 23, 2022   Modified on Aug 24, 2022

-The Hindu Business Line Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities Contributing 29 per cent to India’s GDP and 40 per cent of India’s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India’s workforce translating into 80 million jobs. However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke cash flows and push many towards the brink of insolvency. A recent report by the Global Alliance for Mass Entrepreneurship (GAME), Dun & Bradstreet, and Omidyar Network India reveals that 80 per cent of the annual delayed payments amounting to a whopping 8.73 lakh crore were owed to micro and small suppliers. Interestingly, 72.4 per cent of such instances can be avoided provided there is an effective and efficient way to tackle the menace of delayed payments. Please click here to read more.

The Hindu Business Line, 23 August, 2022, https://www.thehindubusinessline.com/opinion/how-to-tackle-delayed-payments-to-msmes/article65802608.ece

Tagged with: MSME MSMEs Micro Small and Medium Enterprises Global Alliance for Mass Entrepreneurship Dun & Bradstreet Omidyar Network India Online Dispute Resolution Delayed Payments

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