Raising Concerns: Despite sops, cos still resisting clearing dues to smaller firms on time, says CEA Nageswaran 
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Raising Concerns

Despite sops, cos still resisting clearing dues to smaller firms on time, says CEA Nageswaran 

Raising concerns over working capital availability to micro and small enterprises, Chief Economic Adviser V. Anantha Nageswaran said large companies were insisting the government rolls back measures to clear payments for goods supplied by smaller enterprises. He said this also hinders the scope of getting earning-based cheaper credit for micro and small enterprises.

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