Msme Grievance Redressal through MSME Samadhaan
MSMEs play a vital role in the Indian economy by generating employment and contributing to the GDP.
However, they face several challenges related to finance, infrastructure, and policy. One of the significant issues faced by MSMEs is delayed payments from their customers. This leads to a severe cash flow problem, affecting their operations and growth.
To address this issue, the Indian government launched the MSME Samadhaan portal in 2017.
The portal is a digital platform for MSMEs to file complaints and seek redressal for delayed payments from other companies.
The portal is an essential initiative in addressing MSME grievances and promoting the growth and development of the sector.
The MSME Samadhaan portal has several features that make it a valuable platform for MSMEs to seek redressal for their grievances. Some of the key features are:
The MSME Samadhaan portal has several benefits for MSMEs, buyers, and other stakeholders. Some of the key benefits are:
The MSME Samadhaan portal is a valuable initiative by the Indian government to address MSME grievances related to delayed payments.
The portal provides a cost-effective and efficient mechanism for MSMEs to seek redressal for their grievances. It also provides a platform for dispute resolution, which saves time and resources compared to legal action.
The portal has several benefits for MSMEs, buyers, and other stakeholders, such as timely payment, ease of access, and information dissemination. It is essential to continue to promote the use of the portal and increase its awareness among MSMEs and other.
"Legal has always been an essential part of a business or individual. On the one hand, establishing a profound and legally sound system has always been the need for a business to prepare it to overcome any legal or other difficulties which may be faced in future, on the other, it gives ever likening comfort when it is faced with a legal or litigation situation. We have always been endeavouring to make our legal services easily accessible, effective, vibrant and adaptable to the change so that our client chooses the legal as one of the priorities in business or life. ‘Be informed and keep the client informed is an essential part of our legal services, as we have developed a robust system whereby not only we keep updating ourselves on the client’s work but also keep our clients informed through automated ‘information systems’ using technologies. Law is a subject that keeps evolving itself, so is the legal services. We always keep ourselves in pace with it. We attempt to cater for all needs of the client with one-stop solution. We trust our wholehearted effort will always be in tandem with our client’s expectations and in conformity with legal system."
-Naveen Bhardwaj Managing Partner & Advocate
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