Ministry of Parliamentary Affairs · GODL-IndiaLok Sabha passes MSME Development Amendment Bill without debate
The Lok Sabha passed the MSME Development (Amendment) Bill without debate. The Bill seeks to address current challenges of the MSME sector by improving its administrative structure and facilitating payment mechanisms for micro, small and medium enterprises.
Nabka Insight
Fresh legislation on the MSME sector cleared by the Lok Sabha — remember the Bill's name and its stated purpose.
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- Passed by the Lok Sabha without debate.
- Aims to improve the MSME sector's administrative structure.
- Seeks to facilitate payment mechanisms for MSMEs.
Background
Relevant forSSC · State PSC · UPSC