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Business EconomyPosted at: Apr 3 2024 9:24PM


AMCCIE welcomes new changes in MSME sector

Pune, Apr 3 (UNI) Rajesh Agarwal, national president of Agarwal Marwadi Chamber of Commerce Industries & Education (AMCCIE), on Wednesday welcomed the government's decision of introducing new changes in Micro, Small and Medium Enterprises (MSME) sector.
With start of new financial year from April one, a big change in payment rules of the MSME sector has come into effect.
As a result, now MSME will receive payment in 45 days, he said.
The new rule can greatly benefit MSMEs by eliminating their cash crunch, added Agarwal.
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