· Policy & Manufacturing · Source: thehindubusinessline.com

Centre proposes TreDS to be settlement platform for MSME purchases by CPSEs

The Centre has proposed mandating the Trade Receivables Discounting System (TReDS) as the settlement platform for all MSME purchases by CPSEs, aiming to improve cash flow access. The Union Budget also introduced a CGTMSE-backed credit guarantee for invoice discounting and proposed linking GeM with TReDS to enable faster, lower-cost financing for MSMEs.

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